QI1! trade ideas
SILVER FUTURE GANN BOX AND GANN FAN LEVELS 27-06-2023WE have seen a dip in silver in last session and now Silver rebound again .
Important level and verticle line indicating important pivot reversal point shown on the chart...on every dip there will be buying opportunity. Scalper can do scalping with 100 point
EDUCATIONAL
SILVER FUTURE MCX DAILY CANDLE PRICE READING SILVER FUTURE MCX DAILY CANDLE PRICE READING
LOOKS like price can follow this long term channel and
can take break and pause this super impulse up move of this year after one year for the short time near 75500
because similar 21% impulse created in last 2022 march and this time also similar in this current 2023 march
and we are very close to this 21% or 22% so assuming some pause here channel also told the same story
Silver Important levels ! Silver important short term levels are plotted in the chart.
currently silver is trading in the major support zone after a sharp fall in todays session. It is expected that it may bounce back and probable targets on upside are marked in red dashed line.
in case silver manages to close below the support zone, allow 15 minute candle to close it below the level and short for the target marked in green dashed line.
Disclaimer: This is just a view only for educational purpose.
Silver Demand and Supply zones !Silver actionable demand and supply zones are marked in the chart above.
Generally price may reject from supply zone and price may bounce back from demand zones. In case price breaks out or breaks down the zones then we may see the strong price momentum on either side.
Do your research before placing any trade.
SIlver_Bullish ViewWeekly Silver chart looking Bullish at the current level. The Price got rejected near the breakout zone and taking a support at 20MA.
One can go Bullish on this at the current level, Hoping for the New ATH.
#This is for the educational purpose, Kindly take the decision after consultation of your financial adviser.
#silver
#bullish