SILVERMINIScript: SILVERMINI
Trend: Sideways to Bearish
Chart Pattern: Falling Three Method
Trendline: Broke Trendline Support
Sentiment: Negative
SIH2023 trade ideas
SIlver Heading for Newer Highs?Silver Heading for newer highs?
Inverted H&S Breakout above 73400.
Buy above 73400, SL below 71000, Target 75200/77000++,
CMP 72800
#mcx #silver #gold #commodities #trading #metal #breakout #profit
Silver mcx diamond pattern Day chartHi every one
look this
Silver mcx rocking
CE PE khel sakte ho ek side 1000% hongi
Silver Day chart Diamond PatternHi every one
do not miss it
this is perfect setup for
CE PE both side one side become 1000%
silver mcx or spot update blw as education purposesilver mcx or spot update blw as education purpose-- silver looks up side till 5 pm 72500-700 buy on dipsss with sl 71700 sl as per chart breakout
SILVERMIC FEB2024Looking At The Current Market Condition There High Chances Of People Moving Money To Safe Heavens, Also Considering Upcoming Festive Season
Just For Education Purpose And Not A Recommendation, Please Do Your Own Research Before Investing
MCX SILVER FUTURE WEEKLY TECHNICAL ANALYSISTechnical Analysis on Silver : -
As discussed in the last week, silver is in bullish channel. A Bullish Channel is a technical chart pattern that represents an upward price trend with clear boundaries or channel lines.
As clear shown in the attached chart price is moving in upward direction with clear channel lines.
Follow the attached charts for more analysis.
Silver Micro - Swing Trade IdeaHI All - good opportunity to go long for Silver/ Silver Micro for Swing trade.
Timeframe - 1h
Key Highlights:
1. Bouncing off with good volume
2. Good relative strength
3. Good risk and reward
gold silver small lot buy on dips tgt gold 61000 silver 73000gold silver small lot buy on dips tgt gold 61000 silver 73000 keep sl gold 60639 or silver 71760 or let see wht nxt in eveng time
#SILVERMINI / SILVER EXPECTED TRENDIn the coming days, Silver Mini is anticipated to experience a downtrend. This means that the price of Silver Mini is likely to decrease. There could be several factors contributing to this expectation, such as economic conditions, supply and demand dynamics, or market sentiment.
SILVER- BREAKOUT OR BREAKDOWN
The triangle pattern observed in Silver Mini/Silver signals market uncertainty and suggests a potential significant price breakout, either upwards or downwards.
We expect this breakdown in the coming days till then it will consolidate.
Stay tuned for the levels, which I will share shortly.
Silver Daily Weekly Wave CountsSilver is in some sort of 4th wave with price moving inside the channel in Weekly/Daily TF. The wave counts are as per my understanding and may differ once the wave unfolds.
Bounced from nearly 78% retracement level which is good sign on entering into 3rd wave.
Looks good for two targets of - 73825 and 76000
Not a reco. Trade as per your own risk and setups!
silver spot or mcx crucia update blwsilver spot hold abv 22.25 buy on dipssssss soon tgt 23--23.50$ in mcx stya abv 71500 buy on dipsss tgt 73000+++ expect sl use 70600
silver update and long setupsilver has reached the fib zone and our golden zone looking price need to make a pullback and we have two fair value zone 69000 and 68300
go long based on higher high and higher low formation
SILVER DECEMBER FUTUREA "Bullish Channel" and "Bullish Price Action" are related concepts in technical analysis that both indicate positive market sentiment and an upward trend. Here's an explanation of each:
Bullish Channel :
A Bullish Channel is a technical chart pattern that represents an upward price trend with clear boundaries or channel lines. It typically consists of two parallel trendlines, one acting as support and the other as resistance. Here's what characterizes a Bullish Channel:
Support and Resistance : The lower trendline acts as support, and the upper trendline acts as resistance. The price tends to bounce between these two lines, creating a channel.
Uptrend : A Bullish Channel forms within the context of an existing uptrend, indicating a period of consolidation or a pause in the upward movement.
Continuation Pattern : It is considered a continuation pattern, meaning that it often suggests the prevailing bullish trend will continue after the channel pattern.
Trading Strategy : Traders may look for buying opportunities when the price approaches the lower trendline (support) and selling opportunities when it approaches the upper trendline (resistance).
Bullish Price Action:
Bullish price action refers to a series of price movements and patterns on a price chart that indicate a positive or bullish market sentiment. It can be observed in various ways, such as higher highs, higher lows, bullish candlestick patterns, and other positive signals. Here are some key aspects of Bullish Price Action:
Higher Highs and Higher Lows: In an uptrend, you typically see successive price highs that are higher than the previous highs, and price lows that are higher than the previous lows.
Bullish Candlestick Patterns: Look for patterns like engulfing candles, hammers, or morning stars, which suggest buying interest.
Positive Volume: Increasing trading volume during price rises can confirm bullish price action.
Breakouts: Bullish breakouts from consolidation patterns or resistance levels often indicate an upcoming bullish move.
Fundamental Factors : Positive news, strong earnings reports, and other fundamental factors can influence bullish price action.
In summary, a Bullish Channel is a specific chart pattern that occurs within an existing uptrend and signifies a potential continuation of that trend. Bullish Price Action, on the other hand, is a broader concept that encompasses various signals and patterns that suggest a positive market sentiment, which may or may not be associated with a channel pattern. Both concepts are important for traders and investors in assessing market conditions and making informed decisions
silver fresh level and exisiting pos updatethose who went long from 66k-68k in silver gained almost 2000-2200 pts
i think it will be wise to book profit and wait for new level
the fresh buying level for silver will be 68400
let the price make a pullback after such good impluse movement
follow the price on the basis of lower low and lower high
look when it reaches 68400 zone wait for price to form higher high higher low
as a signal for going long
the current ornage and yellow levels are based on fib levels retracement
look to buy near fva zone
gold silver buy gvn rockeddddd hope u ejoyedddd buy gvn 58220 or silver 70200 abv hit all tgt 59000 or 71000++++++++ minted moneyyyyyyyy-- now who stuck wrong side tell here dontmiss lvl trade with lvl stya here with us
silver crucial update blwsilver mcx sustain abv 69250 may be hot 69890--70200++++++++ buy silver dips on sl 68500 blw
looking zoom spot abv 22$ till 22.25--22.60++++++
Silver Future Technical AnalysisHi Traders,
It's Silver Future Chart with important Resistance and Supports.
Keep the levels in mind while stand any positions.
Silver view 20.15$As silver is in triangle so it should come down to 20.15 before moving up...If triangle is broken then it may come down further to 19$...this view is for 2-3 weeks
silver spot or mcx monthly chart analysis-----blwsilver spot eyes on 21.50$ if stya abv or close abv thna expect up side 21.90--22.20+++++ or if support broken 22.70 or close blw thna will see 19.80-19--18++++ no if and but-- range 20.70-21.50$---------- mcx monthly chart hurdel 69300@ if hold blw thna nxt dwn side 65700-64800--63780++++ soon-- only abv 69300 sustain or close abv thna mkt up side only 71000+++
silver spot update also mcxeyes on 21.35$ if stay abv thna expect up side 21.50-21.70$ in mcx 68000 abv looks some dedcta bounce till 68500+++++++ where if if hold blw gvn hurdel than mkt dwn possible again let see adp data
