Long Silver With Given SL On Closing Basis. Buying 71200-71700 For 73200-75000.SL closing Basis 70600.
COMEX:SI1! is used (FUTURES) Head and Shoulders can be clearly seen bit deformed to my liking targets and levels are clearly marked who knows In a debt crisis scenario DXY can xoom and SILVER can fall to much lower levels please do see the other Chart on Silver also on Higher T/f
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
🔥 SILVER - 06 MAR MCX FUTURES WEEKLY ANALYSIS 22-26 JAN., 2024 📊 Weekly Range: 1694 📈 Buy at: 72194.89 🎯 Buy Target 1: 72506.89 🎯 Buy Target 2: 73154 🔍 Add one lot at: 71995 ❌ Buyer Stoploss: 71630.22 📉 Sell at: 71795.11 🎯 Sell Target 1: 70413.11 🎯 Sell Target 2: 69766 ❌ Seller Stoploss: 72359.78 Trade Strategy: The buy levels provide potential upside...
VI and stochastics on weekly chart are indicating a mildly bearish silver (CL COMEX). It is at a long term support of a trend line that is one and a half years old. It may bounce for few days from here, and that would be a good opportunity to short. Silver is a short on rise unless it breaks above 26.285. which looks very difficult in current setup.
Time Frame: 1 hour Consider buying Gold if it surpasses 72178, anticipating upward movement. Alternatively, sell if it rises but remains below 72050, signaling potential resistance. Monitoring these levels ensures strategic decision-making inSilver trading. 📈📉 If you agree with my idea let me know by liking this post. Thanks!
📊 SILVER 06 MAR FUT LEVELS 📊 Day Range: 510 Point 📈 Buy at 71463.18 🎯 Target 1: 71930.18 🎯 Target 2: 72125 🔍 Add one lot at 71403 ❌ Buyer SL: 71292.82 📉 Sell at 71342.82 🎯 Target 1: 71299.82 🎯 Target 2: 71105 ❌ Seller SL: 71513.18 Resiprocate your love while following, sharing and commenting. Trade with trends to turn green! "📊 Analyzing the potential moves...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
71300 is coming as support for Silver but got tested multiple times, so we can see a small sell of 1% to 1.5% can be possible.
The silver trade presents an enticing opportunity with a 1:3 risk-reward ratio, offering the potential for substantial gains. Investors can capitalize on silver's price movements, taking a calculated risk with the prospect of tripling their initial investment if the trade unfolds favorably. This favorable risk-reward ratio makes the silver market an attractive...
Timeframe: 4 HOUR Long-Term Buying Suggested Above 73600. RSI stands for Relative Strength Index, a momentum oscillator used in technical analysis. "Moving flat" implies that the RSI indicator is not showing a strong upward or downward trend but rather moving horizontally. This could indicate a period of consolidation or indecision in the market. Sell Below ...
#SilverAnalysis 📊🔍 A triangle formation is underway in Silver. Waiting for a potential breakout! Buy above 72400 Sell Below 71674
IT Is Making Ascending Tringle Pattern And Inverse H&S Patterns It can be Multi year breakout
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
#Silver Timeframe: 4 Hour Direction: Long Critical Level: Silver must decisively break above 73150. Confirmation Needed: This level represents the most immediate previous high, and a successful breakthrough with follow-through would indicate potential bullish momentum #SilverInvesting #preciousmetals #SilverPrices #BullionMarket #SilverBullion #analysis
Silver appears short term bullish after trapping all buyers.
Reversal Anticipation: If silver's current price holds at 71300, there's an expectation of a trend reversal. This could signal a shift towards a more positive or bullish market sentiment. Bearish Trend Warning: Conversely, if the price drops below this level, it suggests potential further downside and a bearish trend in the silver market, prompting caution among...
simple support resistance and fair value combination