Silver next week, 11.02.2023Publishing herewith my idea about silver for next week, must read with my month idea
SIU1! trade ideas
Sliver short SellSilver Weekly time Frame it has not broken the trend so my downside target would to 200 EMA
silver day, a new patternpublishing herewith my idea about silver in day time frame, price is forming a pattern, also try to give normal day range use your own discretion
Silver 15 minpublishing herewith same old silver 15 min chart, showing how pattern controls the price movement
Silver 15m, 08.02.2023publishing herewith silver pattern using 15 min time frame, but ,without any range
Silver week & beyond,05.02.2023Publishing herewith my idea about silver, will share day range and detail analysis later
SilverIt has given fake breakout in daily chart and now coming back in channel. The trendline has been attempted fourth time. Now if it sustains near 61500-62000 level and bounce back from there then we can see very good rally in silver.
silver today,03.02.2023after sharp upward movement due to the breakout of channel
price got rejected at a perfect level and fell
sharply due to US & Europe stock market sharp rally
especially the DAX which got a triangle breakout
Silver lost 2700 Rupee from top Silver prices corrected after prices rallied on the news that India raised total taxes on silver imports 15% and on silver dore to 14.35%, the government said in a statement on Wednesday, in an effort to align the duty structure of the metal with gold. - The euro dipped against the dollar on Thursday after the European Central Bank (ECB) hiked interest rates by a widely expected 50 basis points and offered no new hawkish surprises, while the Bank of England (BofE) adopted a more dovish tone on inflation.
SILVER MIC Short positioni was little bias about short position in silvermic. i took this trade downside 1:3 risk to reward
Silver 02.02.2023, 4 hrpresenting my idea on silver , silver is crosses 3 month period resistance zone in day time if look it through that range in 3 month time it is still in that range
so take ur own decision providing some levels for direction
Silver mini pole and flag patternSilver is in uptrend and budget helped price to continue it's trend
SIlver Future may correct soon.SIlver future chart showing trendline resistance at 69000. It can short here or on any rise and wait for target 68000 ,67330 and 64000 soon.
major fall will come when it close below 68000.
Silverm Waiting For Short OppertunityMcx Silverm Feb contract forming Tripple Top Key Resistance is 69000 Once Rejected will go short till 67250
Silver Ready for Lifetime High JourneyMake your own decision wisely. For educational purpose only.
I am not SEBI registered.
SILVERMICRO
MCX:SILVERMIC1!
Time frame : All Levels to be followed on Closing basis only. Intraday Volatility may persist.
Chart Pattern Identified : BEARISH WOLFE WAVE
In its bearish version , the highs and lows are increasing and herald a downward reversal of an uptrend.
1) A significant maximum is formed, preferably an absolute maximum ( point 1 )
2) The price falls and forms a minimum ( point 2 )
3) The price rises and forms a subsequent maximum higher than point 1 ( point 3 )
4 ) The price falls and forms a subsequent low higher than point 2 ( point 4 ). Trendlines constructed by joining points 1-3 and points 2-4 must converge.
5) Point 5 is the maximum following point 3 and must cross the trendline joining points 1-3. This means that a "false breakout" from the pattern must form.
This point determines the completion of the pattern and the OPENING OF A BEAREST POSITION because according to the pattern, a new wave should form from this point and extend beyond the pattern.
PRICE and TIME TARGET
Following Wolfe's principle, we can set our PRICE TARGET at the point where the trendline extension passing through points 1-4 will intersect the price line . INTERMEDIATE TARGET is also set by placing it at the price level of point 4 , then we can also try to extend the final TARGET.
A valuable indication of the Wolfe pattern is tempo.
In fact, by extending the trendlines of the figure up to their intersection, a time target is identified, i.e. a hypothesis on the period of time necessary for the prices to meet the trendline that identifies the target price (ETA=Estimated Time Arrival ).
If once you get close to the ETA point, the price hasn't reached the target, you should consider exiting the trade.
STOP LOSS
The stop loss should be positioned above the maximum of point 5, perhaps slightly higher.
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
SILVER MIC IN CRITICAL POSITION69350-69450 Critical resistance level.
IF Silvermic respect that level it will fall to 67400 for now and will face correction.
And if it sustains above 69500, It will make a swing high of 73000.
silver future weekthis my one of the oldest chart i to my surprise silver is continuously following it
MCX SILVERM FEB FUTURELong Position opportunity in Silverm Feb Future At Entry Price 68700 with SL 68540 Target will be 70900
SILVER SORT OR BUY AT BOTTOM ?Made bearish flag, can breakdown, Enter below enter 6709 for the target which is given on chart just follow target and sl .
it can be reverse if here make W or double bottom. so play on levels.
REMEBER THE NAME
LEARN AND EARN
TBB- TRADE BEAR AND BULLS
