SILVERMIC | Flag and wedge breakout occuring - 4000+ pointsSILVERMIC | Flag and wedge breakout occuring - 4000+ points
CMP : 67490
SL : 66400
Target : 71600
Almost 1:5 risk reward setup
Please try only in SILVERMICRO.
AG1! trade ideas
MCX Silver Will Touch 68000?Volume accumulation is confirming a downtrend. Here, the price is in a downtrend. But if you look for the short-term, silver price has started rising nearby the retracement value of 0.382. We may see a bullish reversal from the 0.236 value for 0.382 to 0.5.
MCX silver futures prices may hike to the levels of 66000 - 66600 - 67000 - 68000 .
Overall, a clear trend will identify after moving averages crossover.
Silver Mini CMP 66570 Buy till -66450 Range for Target 66670- 6Silver Mini CMP 66570 Buy till -66450 Range for Target
66670- 66820- 66950- 67080- 67260- 67370+
SL below 66300
Bulish view for silver positionalSilver looking good on chart , we can see 68000, 70000,71000 in silver positionally.
Silver Mic - Inverted Head & ShoulderInverted Head & Shoulder pattern formed in Silver on hourly chart.
Buy above closing 65500
Stop Loss 64500
Target 1 66500
Target 2 67000
Target 3 67700
Silver - Near strong support zoneExplained . . . :)
One can expect the price to come back to the day support before moving up.
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.
like and comment on this view to encourage. thanks & happy trading.
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!!!
