Dudes,
Stay away from silver if you are a buyer. Downside targets are more fearful. Stay alert those who have buy position holding in silver. To average current position, better price would be 59,200, 55,900, 51,800 and 39,900. Invest wisely. Happy investing !!!
trend analysis---silver weekly chart showing soon 60355 expect if hold blw 68300-yes any bounce back sell only with tight sl 68300--- yesssss till hold blw dwn circle possiblw oin weekly chart after march expiry looks some bounce back but looks oncw dwn fall or may complete till gvn rate ....
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You...
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
=======
I use shorthands for my trades.
"Positional" - means You...
Publishing herewith my idea about silver using weekly chart in day time frame
price is still trying to hold weekly (sky blue) priceline , daily lines could be followed for day trade
Buying with today's low as stop loss. If today's low is broken, positional sell should be over lotted!
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if...
SILVER market is in bearish trend
and it taken out inducement and 1st order block is owrking and it give somereaction but if market goes higher high and tap on ENG LQD and sweep it then shift to 1 min time frame for confirmation and take entry.
if market close above ENG LQD then wait for tap on extrrem OB then check confirmation at lower time frame and take entry...
![SILVER1!: [MCX] Silver Bear Flag Breakout Bet](https://s3.tradingview.com/7/74kxfAUI_mid.png "[MCX] Silver Bear Flag Breakout Bet")
![SILVERM1!: [Bounce] Silver Downtrend break Idea](https://s3.tradingview.com/x/xMijzg9X_mid.png "[Bounce] Silver Downtrend break Idea")
![SILVER1!: [MCX] Silver Overnight Buy Idea](https://s3.tradingview.com/7/7nQc9rYQ_mid.png "[MCX] Silver Overnight Buy Idea")
