trendline trade examplke
Price retesting the previous resistance levels, if closes above the immediate high then it will definitely reaches the next resistance level 35.
Too many posts tracking the triangle breakout - This shows there is only a onesided view, the alternate path Silver can take is given in the red labeling - this could turn out as a A_B_C zigzag before it moves up catching the triangle watchers unaware. Be on the watchout for the alternate path for Silver. At this point traingle is under threat unless it moves up...
Look to get in on the dip in C wave in the next couple of hours before the upward resolution out of the triangle resumes to the upside look for the long term view in the previous tweet
Silver #XAGUSD should break out of the triangle to the upside in the next day or two. Risk level will be 26.82 A separate short term view will be published following this - watch out for it.
Midterm forecast: . While the price is below the resistance 29.85, beginning of downtrend is expected. . We make sure when the support at 19.65 breaks. . If the resistance at 29.85 is broken, the short-term forecast -beginning of downtrend- will be invalid. T echnical analysis: . The RSI uptrend #1 is broken, so the probability of beginning of downtrend is...
After a bull run now pausing for direction. Sym. triangle Breakout/Breakdown expected. Trade as per the levels given in the chart.
SILVER COMEX is on the verge of Breakout of Range, Today if SILVER COMEX Sustains above 27.30$ we can see upward swing in Silver in the next few trading session. Keep a close Eye on SILVER COMEX for the Trading opportunity. 👍
Silver looks to get needed support at trendline. And volume looks to be positive for heading to $30. Gold movement can help again. MCX- Trade Idea to take Silver Micro. and keep adding at lower levels till $25 is protected.
Looking for a short entry on break below 27.085 lvls on 15 min tf on closing basis.
Blue line indicates AB=CD pattern and the Red line indicates a minor AB=CD pattern green box indicates its potential target area and candles also formed a triangle pattern.... look for a breakout and retest to enter the trade with proper stoploss
Midterm forecast: While the price is below the resistance 29.85, beginning of downtrend is expected. We make sure when the support at 19.65 breaks. If the resistance at 29.85 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: The RSI uptrend #1 is broken, so the probability of beginning of downtrend is...