RESISTANCE CAN BECOME SUPPORTHello friends I am sharing the commodity silver daily chart for educational purpose for that as we can see that 63000 zones was a hazardous resistance for it and after hitting all time high of 72700 levels it looking to came down for retesting the 63000 zones as all we know that if price is trading above the previous resistance zone then that price can become support for any of security in market so we can expect a good bounce from that identified support zone and for that I am sharing my ideas below
IDEA NUMBER ONE-:
It will reach to it's support zone and give a bounce from there for the target of 68000 in this execution we will take a stop loss of a closing below that support on daily candle basis.
IDEA NUMBER TWO-:
If it will breach it's mentioned support zone and close below then we can consider as go for a short in this condition for the 60700 zones as looking a good support zone 2 for covering our shorts in this execution we will take a stop loss of closing above of support zone.
NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk
𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧
TSI1! trade ideas
stbt silver sell with tight sl 73386 cls base stbt silver sell with tight sl 73386 cls base -- looking bear engulf pattern
buy silver 71800 gvn now 72100 enjoyyybuy silver 71800 gvn now 72100 enjoyyy-- yes after breakout silver firedddd
silver, followup of monthly rangeRepublishing herewith silver monthly idea posted before the start of current month in day time frame for followup only
silver sustain 70800 buy on dipstgt 71050-71300 expect sl 70355silver stya abv 70800 buy tgt 71050-71300 expect sl 70355-- ys interday rally possible only sustain abv 70800
silver blw 70222 dwn side7000- 69840--710++ expect sorry for late update --silver blw 70222 dwn side 89840--710++ or 69444 strong support if blw thna more dwn or if hold abv mkt up sid eonly 70000-70500 again------- expect where hurdel 70790 abv will bull rally start 71500++++
Silver BO can be failed?Again shooting star seen at the resistance area on the chart of silver. So be cautious & alert. Any more negative candle above or below the resistance area lead to more fall in the share. This is for your learning only.
silver weekendpublishing herewith silver monthly idea followup ,
price broken a monthly range, entered into the higher one
told sell gold 59700 hit 59330 now if close blw 59500 told sell gold 59700 hit 59330 now if close blw 59500 thna more bear form can be seen or 59101 blw gold game over soon melt dwn will start after lvl will update
silver eys 69444 stya abv or close will see 71400-72000 expectsilver eys 69444 stya abv or close will see 71400-72000 expect yes sustain abv than mkt zoom expect or if hold blw 69444 thna mkt again dwn side possible 68500-67500++++++ over all 69444 have to watch no if and but
silver sustain blw 66500 sell only sl 66786 cls base 1hr candelsilver sustain blw 66500 sell only sl 66786 cls base 1hr candel tgt 66010--65300++ expectttt yes chart pattern will work as i expect
[MCX] Silver Neckline BetTaking an aggressive bet. Because it will have a high stop loss if i take it when it triggers.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
=======
I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
=======
I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
=======
Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
=======
silver book 64000@ buy gvn 63700 as per tredn analysissilver book 64000@ buy gvn 63700 as per tredn analysis
silver stya abv 63700 buy on dipsss sl 63300 tgt 64800+++silver stya abv 63700 buy on dipsss sl 63300 tgt 64800+++ some dedcta bounc bcak expect due to dxy dwnnn
silver stya abv 61900 buy sl 61400 tgt 63000++silver stya abv 61900 buy sl 61400 tgt 63000++ yes 4ht hrs chart looks dedcat bounce let see wht ha [pend todayyy
silver buy on dips looks with sl 61697 dedcat bouncesilver buy on dips looks with sl 61697 dedcat bounce 61780-62300 near expect
Silver M waiting for Triangle BreakoutAn ascending triangle is a chart pattern that can appear in financial markets, including in the silver market. It is formed when the price of an asset, such as silver, creates a series of higher lows that form a rising trendline, while the upper price levels remain relatively flat, forming a horizontal resistance level.
The ascending triangle pattern is generally seen as a bullish signal, as it indicates that buyers are becoming more aggressive and are pushing the price of the asset higher, while sellers are not as eager to sell at higher prices.
In the case of silver, if an ascending triangle pattern were to form, it would suggest that buyers are in control of the market and are likely to push the price of silver higher in the near term. However, as with any chart pattern, it is important to consider other factors, such as overall market conditions and news events, when making trading decisions.
Retest Zone Indicator This is retest indicator that I have customised.
Blue line works as dynamic support and resistance and market likely to bounce and fall every single time as soon as any candle reach to the line.
silver month in weekrepublishing here with my silver monthly idea in weekly time frame to show the progress of price
price getting resistance from above white lines
Bullish in SilverSee in Silver chart
If close above 63100, then expected level till 65500-67000..
If any query please add comment..
