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SIL1! trade ideas

Silver mcx updated levels buy on dip near Friday lowHow My Harmonic pattern projection Indicator work is explained below : Recent High or Low : D-0% is our recent low or high Profit booking zone: D13% -D15% is range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed SL reversal zone : SL 23% and SL 25% is reversal zone if break then trend reverse and we can take reverse trade Target : T1, T2, T3, T4 and . Are our Target zone
MCX:SILVER2!Long
by EquityCommodityMarketJaiPrakas
Silver’s Got Cold Feet at $37 – Time to Short the ShineTimeframe: Daily Duration: 7–10 days CMP: $36.36 ⸻ Rationale: • Price failed to break convincingly above $37 – classic fake breakout. • Strong red candle with volume signals sellers are back in charge. • Multiple rejections near the top suggest bulls are exhausted. ⸻ Trade Setup: • Sell Zone: $36.35 – $36.40 • Stop Loss: $37.05 • Target 1: $35.20 • Target 2: $34.40 • Extended Target: $33.50 (if panic sets in)
COMEX:SI1!Short
by amazedFish23102
Silver currently at support buy on dip avoid sell tradeHow to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:SILVER1!Long
by EquityCommodityMarketJaiPrakas
Silver’s Ceiling Act Context & Analysis: Silver has been repeatedly rejected from the 37.32–37.36 zone, forming a clean resistance shelf. The price has attempted multiple breakouts but failed to hold above the resistance, forming wicks and a tight consolidation just below the key level—classic signs of exhaustion. This pattern suggests supply is active at the top, and buyers are losing momentum. Given the flat-to-declining volume on re-tests, this looks ripe for a mean-reversion short trade. ⸻ Trade Setup: Short Silver • Entry: Around 37.26–37.28 • Stop-loss: 37.38 (just above resistance wicks) • Target 1: 37.05 • Target 2: 36.85 • Extended target: 36.65 (if breakdown gains momentum) Confirmation: A strong bearish 15-min candle below 37.24 would strengthen the case for continuation downwards.
COMEX:SI1!Short
by amazedFish23102
Silver’s Party Looks Overstretched Silver Futures just slammed into a strong intraday resistance near the $37.27 zone after a vertical move and has since printed multiple rejection wicks. The consolidation under this resistance looks more like exhaustion than accumulation. With sellers defending the zone and volume fading on each test, a downside move appears likely. Trade Setup: • Sell Entry: $37.25–$37.27 (on rejection or breakdown) • Stop-loss: Above $37.35 (clear invalidation) • Targets: • First: $36.80 • Final: $36.50 If this cracks, we could see a swift retracement of the vertical rally. Watch for a strong bearish candle to trigger the entry.
COMEX:SI1!Short
by amazedFish23102
Silver 109000 Target hit next 111k and 115 ke final 125kHow to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:SILVER1!Long
by EquityCommodityMarketJaiPrakas
Silver still buy on dip near support levels on chartHow to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:SILVER1!Long
by EquityCommodityMarketJaiPrakas
Silver Surges to New Highs After a Decade-Long RallyTechnical Analysis Silver has had a rollercoaster journey over the past decade. In 2015, silver futures were trading near ₹35,000, but by 2025, prices have tripled, reaching around ₹1,05,000. The journey, however, wasn't smooth. From 2016 to 2020, silver consistently faced strong resistance between ₹49,000 and ₹51,000. This range capped every bullish move during that period. In 2020, the resistance was finally broken, and silver surged to create a new high at ₹78,000. But post that, silver saw a sharp correction, pulling back significantly. Interestingly, the same ₹49,000–₹51,000 zone, which acted as resistance for years, now transformed into a strong demand/support zone. This zone offered multiple supports over the following years, solidifying its importance on the chart. From 2023 to 2024, the ₹78,000 level turned into a fresh resistance, as silver tested this level multiple times without a breakout. Finally, in April 2024, silver broke above ₹78,000 and initiated a strong higher highs and higher lows structure. On 5th June 2025, silver broke its last higher high, marking a major breakout, and is now trading near ₹1,05,000. This indicates a strong continuation of the bullish trend. Upside Targets: 🎯 ₹1,08,000 🎯 ₹1,12,000 🎯 ₹1,15,000 Support Levels to Watch: 🔻 ₹1,02,000 – Recent breakout level 🔻 ₹94,000 – Recent higher low 🔻 ₹86,000 – Major demand zone If silver breaks below ₹86,000, the bullish structure could be invalidated, and a deeper correction may follow. Fundamental Analysis Silver is gaining attention as both an industrial metal and a precious asset. The rally in 2025 is not just technical — it's supported by strong fundamentals: Industrial Demand: Silver is critical for solar panels, electric vehicles, and electronics, all of which are booming sectors. Supply Constraints: Global mining output has remained tight, causing supply concerns. Safe-Haven Appeal: Like gold, silver attracts buyers during economic uncertainty. Global Inflation: Rising inflation has pushed investors toward commodities, particularly silver. Impact on Related Stocks Companies that benefit from rising silver prices include: Hindustan Zinc – major producer of silver in India. Vedanta – involved in silver extraction as a by-product. MCX & Commodity Brokers – gain from increased silver trading volumes. Investment Considerations ✅Pros: Strong historical performance Hedge against inflation and currency devaluation High demand from industrial and green energy sectors ❌Cons: High volatility compared to gold Dependent on industrial demand cycles Not suitable for short-term investors without proper risk management Investment Options Silver ETFs – Convenient and low-cost exposure Silver Futures – For active traders Physical Silver – Traditional but involves storage issues Stocks linked to silver – Indirect but potentially high returns Conclusion Silver has shown massive strength in 2025, overcoming key resistances and forming a bullish chart structure. With demand rising and technicals confirming strength, silver could continue to shine. However, traders must remain cautious at key support levels, and align their strategy with their risk profile and investment goals. Whether you're a long-term investor or a short-term trader, silver offers exciting opportunities — just remember to watch the chart and respect the levels! Disclaimer: lnkd.in
MCX:SILVER1!
by ALICEBLUE
Silver updated levels buy on dip near support 11k,115k Target How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:SILVER1!Long
by EquityCommodityMarketJaiPrakas
Silver Surges to New Highs After a Decade-Long RallyTechnical Analysis Silver has had a rollercoaster journey over the past decade. In 2015, silver futures were trading near ₹35,000, but by 2025, prices have tripled, reaching around ₹1,05,000. The journey, however, wasn't smooth. From 2016 to 2020, silver consistently faced strong resistance between ₹49,000 and ₹51,000. This range capped every bullish move during that period. In 2020, the resistance was finally broken, and silver surged to create a new high at ₹78,000. But post that, silver saw a sharp correction, pulling back significantly. Interestingly, the same ₹49,000–₹51,000 zone, which acted as resistance for years, now transformed into a strong demand/support zone. This zone offered multiple supports over the following years, solidifying its importance on the chart. From 2023 to 2024, the ₹78,000 level turned into a fresh resistance, as silver tested this level multiple times without a breakout. Finally, in April 2024, silver broke above ₹78,000 and initiated a strong higher highs and higher lows structure. On 5th June 2025, silver broke its last higher high, marking a major breakout, and is now trading near ₹1,05,000. This indicates a strong continuation of the bullish trend. Upside Targets: 🎯 ₹1,08,000 🎯 ₹1,12,000 🎯 ₹1,15,000 Support Levels to Watch: 🔻 ₹1,02,000 – Recent breakout level 🔻 ₹94,000 – Recent higher low 🔻 ₹86,000 – Major demand zone If silver breaks below ₹86,000, the bullish structure could be invalidated, and a deeper correction may follow. Fundamental Analysis Silver is gaining attention as both an industrial metal and a precious asset. The rally in 2025 is not just technical — it's supported by strong fundamentals: Industrial Demand: Silver is critical for solar panels, electric vehicles, and electronics, all of which are booming sectors. Supply Constraints: Global mining output has remained tight, causing supply concerns. Safe-Haven Appeal: Like gold, silver attracts buyers during economic uncertainty. Global Inflation: Rising inflation has pushed investors toward commodities, particularly silver. Impact on Related Stocks Companies that benefit from rising silver prices include: Hindustan Zinc – major producer of silver in India. Vedanta – involved in silver extraction as a by-product. MCX & Commodity Brokers – gain from increased silver trading volumes. Investment Considerations ✅ Pros: Strong historical performance Hedge against inflation and currency devaluation High demand from industrial and green energy sectors ❌ Cons: High volatility compared to gold Dependent on industrial demand cycles Not suitable for short-term investors without proper risk management Investment Options Silver ETFs – Convenient and low-cost exposure Silver Futures – For active traders Physical Silver – Traditional but involves storage issues Stocks linked to silver – Indirect but potentially high returns Conclusion Silver has shown massive strength in 2025, overcoming key resistances and forming a bullish chart structure. With demand rising and technicals confirming strength, silver could continue to shine. However, traders must remain cautious at key support levels, and align their strategy with their risk profile and investment goals. Whether you're a long-term investor or a short-term trader, silver offers exciting opportunities — just remember to watch the chart and respect the levels!
MCX:SILVER1!Long
by Rupesh_Chidharala
Silver still buy on dip avoid sell trade,109500-111000 Target How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:SILVER1!Long
by EquityCommodityMarketJaiPrakas
Silver 105500 target hit today profit booking come in evening How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:SILVER1!Long
by EquityCommodityMarketJaiPrakas
Silver Long term Target 104600 hit continuesly buying from 96500How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:SILVER1!Long
by EquityCommodityMarketJaiPrakas
Silver still buy on dip 104500-105600 upside Target How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:SILVER1!Long
by EquityCommodityMarketJaiPrakas
Silver Micro Futures – Technical Analysis (Daily Chart)Silver Micro Futures – Technical Analysis (Daily Chart) Summary: Price Action: A symmetrical triangle breakout has occurred on the upside, indicating a potential bullish continuation. Current Price: ₹100,168 Breakout candle has strong bullish volume and closed above resistance. RSI (Relative Strength Index): RSI has broken out of a downward trendline and is currently around 63.44, suggesting renewed bullish momentum without being overbought yet. Key Technical Signals: Pattern: Symmetrical triangle breakout (bullish). Volume: Likely increasing on breakout candle (strong signal). RSI: Bullish divergence and breakout confirms strength. Support Zone: ₹96,000 to ₹92,000 Next Target Zone: ₹104,000 to ₹108,000+ Conclusion: Bullish Bias – Strong breakout both in price and RSI. A continuation rally is likely unless price re-enters the triangle. Keep stop loss near ₹96,000 for long positions.
MCX:SILVERMIC1!Long
by Tradersguruji
Silver mcx 2200 points profit booked avoid any sell trade buy How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:SILVER1!Long
by EquityCommodityMarketJaiPrakas
Silver updated levels buy on dip near support sell at ResistanceHow to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 11.4% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 21.4% to 23.6% range then early traders can make fresh reversals trade after breaking 1st D 11.4% safe traders can reversal trade after breaking Point D 21.4% to 23.6% range Targets : Target T1 : 35.1% to 38.3% Target T3 : 49.1% to 53.2% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 21.4% or 28.3 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 11.4% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:SILVER1!Long
by EquityCommodityMarketJaiPrakas
Silver fall as said on Friday 97500 to 94000 rangeHow to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:SILVER1!Short
by EquityCommodityMarketJaiPrakas
Silver looking strong buy near support avoid any sell trade How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:SILVER1!Long
by EquityCommodityMarketJaiPrakas