SILVER trade ideas
Silver buy on dip eith SL of recent low pop-up upmove possible Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver comex fresh buy signal appear on harmonic start buy ondipDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
$XAGUSD | 4 HOUR TIMEFRAME | June 25Silver Poised for Upside Breakout: Falling Wedge on 4-Hour Chart
Timeframe: 4 Hour
Analysis: A bullish reversal pattern, the falling wedge, is developing on the 4-hour chart for Silver. This pattern often precedes a price surge, suggesting a potential upside move for silver.
Key Levels:
Resistance: $30.20 (Upper trendline of the falling wedge)
Support: $29.00 (Lower trendline of the falling wedge)
Trade Idea:
Entry: Consider entering a long position above the resistance level of $30.20, confirming a breakout from the falling wedge.
Target: The target price can be determined by measuring the height of the wedge and adding it to the breakout point ($30.20). This could suggest a target around $31.40 - $31.60.
Stop-Loss: A stop-loss order can be placed below the support level of $29.00 to limit potential losses if the price falls and breaks the wedge pattern.
Risk Management:
Always remember to practice proper risk management. Only allocate a small percentage of your capital to this trade and use a stop-loss order to limit potential losses.
Confirmation: A confirmed breakout occurs when the price closes above the resistance level of $30.20 with increased trading volume.
Additional Notes:
This analysis is based on technical indicators and should be used in conjunction with other fundamental and market sentiment factors.
Past performance is not necessarily indicative of future results.
I hope this detailed explanation helps!
Silver as expected bounce comming avoid fresh sell trade Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
US SILVER - XAGUSD - LONG TERM IMPULSE - MULTIBAGGER - EWHi Folks,
I am tracking silver linked ETF's for long term investment and did a long term and mid term analysis for the same. Analysis is on weekly timeframe, so mind you this will take a lot of time to play out. Also, ill cover a basic know how to interpret wave structure.
Following is the inference-
Elliott Wave Analysis
Larger wave structure will follow 2 characteristics, Impulse (motive) and Corrective (Profit booking/ time correction/ price correction/ low liquidity).
Characteristics of anImpulse -
1. It will have cleaner move, with less overlaps.
2. Internally, 5 wave structure can be observed clearly.
3. Major participation of traders/investors with positive sentiments.
4. Positive news augmenting the euphoria in later stages too.
Characteristics of Corrective waves -
1. It will have overlaps in structure. In price correction, price can correct significantly, basis on timeframe the % correction will take place. In time correction, behaviour will be sideways and % correction in price will be comparatively less. Time correction will be range bound and will generate lots of accumulation and liquidity in anticipation of breakdown/breakout.
2. Internally, abc wave structure can be seen.
3. Negative news might augment further correction(price/time).
XAGUSD - Analysis
1. Larger Red wave is an ongoing impulse on long term basis. We have completed 1 and 2 wherein 2 retraced to approx 61.8% of 1 which signifies healthy price correction.
2. Larger 3 is ongoing, which is strongest of all impulsive waves.
3. Within 3 we 1 and 2 seems to be completed. 1 was having an overlapping impulse known as Leading diagonal which shows very bullish sentiments. 2 wave made shallow price correction as it is more of a time correction.
4. Breakout of falling channel of 2 wave shows start of 3 wave, structure looks more cleaner and it shows more upmove yet to come.
5. All confirmations are basis on channel structure and fib retracements.
6. Targets of smaller 3 and larger 3 are marked on the chart with fib projections.
See you there in few years :)
Happy Trading! Cheers!
Not a trade reco, please do your own due diligence.
XAGUSD is looking to catapult to ~40 very quickly
XAG/XAU the key value is 13.06 that was just kissed today.
But once this level is crossed, there is only air until the next level that is way up 20% higher
If XAU crosses 2500, that is around 7% higher and XAG/XAU does a 20% premium on that, expect XAG to reach 40.
1.2*1.07*31=39.8
Silver buy holding from 29 cmp 30.40 hold it more upside pendingDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver buy holding from 29 next 29.80, 30.20 , 31.04 Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver buy holding from 29 next 29.80, 30.20 , 31.04 Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Nifty : Levels To WatchNifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00
For 14-6-24
This consolidation if Nifty crosses above 23500 then a big bull rally will start.
If Nifty Closes below 23000 then a mild correction will happen.
Gap UP/Down Opening :
If high of First Hour is not broken then put stoploss there for all short positions.
If Low of First Hour is not broken then put stoploss there for all Long positions.
For New position :
for Upside :
Buy Nifty above 23544 Stoploss 23254 it may touch
23634---23779---24014---24394---24629---25009
for Downside :
Sell Nifty below 23254 Stoploss 23544 it may touch
23164---23019---22784---22404---22169---21789
Stoploss 22450 for All LONG Positions For Short term Trend
Stoploss 22060 for All LONG Positions For Mid term Trend
Stoploss 21810 for All LONG Positions For Long term Trend
All above levels are of Nifty Spot.
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
NOTE : I am not SEBI registered advisor in capital market.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thank you.
Silver Comex Buy above 29.55 let it make strong support againDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver buy given at 29.10 hold it for tomorrow big upside move Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
SIlver profit booked at 29.10 and again buy at 29.10 , hold buy Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
SIlver sell on rise till 29.90 not break Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver comex sell trade holding downside Target mention on chartDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver holding buy from 30.05. Earlier sold @32.10 boked @29.85Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver sell given at 32.10. Target 29 .25 , 28.50 , 27.40 Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
M pattern active on silver we can see 27.30 and below also Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Silver Comex sell given at 32 .10 now at 30.30 enjoy huge profitYesterday we book 1900 points profit on silve 360 points profit on gold.
Today 1250 points profit running on silver 200 points profit running on gold enjoy massive profit in 2 day's again
Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit