Silver - Near strong support zoneExplained . . . :)
One can expect the price to come back to the day support before moving up.
SV1! trade ideas
for education purpose only Intraday trading in silver this trade is only valid fro next 15 min only. this is only for education purpose please consult your financial advisor before trader.
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Silver to give another bullish rally soon!!!!About to break its trend in flag pattern....seeing above 70000 levels well bullish!!!!
on watch list for entry triangle formation
eyes on break above 67600
can open space for new buy side
on radar
disclaimer - trade @ own risk
silver micro cup and handle formation present chart silver micro forming cup and handle pattern ....and breakout already given .....can give good move above 68100 for targets 68250,68500 ,69000
Silver Mini SELLIntraday:
Sell 65900-65950
SL 66280
Target 65550, 65300, 65000
Keep Strict SL & Target
Silver buy after breakout above TrendlineBuy silver after breakout above trendline forming lower highs, Price is currently at D1 Support
MCX SILVER MAY2021 CONTRACT SHORT THE 26-PERIOD LAGGING ICHIMOKU AVERAGE I.E CHIKOU SPAN HAS BROKEN DOWN FROM THE CLOUD ALONGWITH PRICE BREAKDOWN OF CLOUD INDICATING A TRUE BREAKDOWN WHICH WARRANTS A SHORT TRADE.
SHORT MCX SILVER MAY2021 CONTRACT @ CMP WITH TARGET OF 60976 & STOP LOSS OF 66161.
GOOD LUCK...STAY SAFE & TRADE SAFE!!!
Silver 3 hrly chartSilver is consolidation since almost a month making lower high.....resistance is 71800 and a pattern of ascending triangle is made.
Break Out abv 72000 can take Silver to 76000 - 77000.
Break down below 68700 will take it to 64000- 65000 levels.
SILVER CHANNEL BREAKDOWNSILVER CHANNEL BREAKDOWN
If further slip, nearest support will be
around 67700-66501 in short term,
resistance around 71400-72100.
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Updated on : 27-FEB-2021 12.50 pm
Disclaimer: Only for learning purposes.
Silver short possibilityExpecting silver to lower down from cmp with SL above swing high.
PA to watch
Hey $SILVER - What's next - Let me Guess !! #XAGUSDWhat does SILVER's recent history tell us ? No surprises I guess !!
