Accumulate#Silver has completed 38% retracement in last uptrend. Now trading near a strong demand zone. Looks good to add slowly for #Long term #PortfolioBuilding #Investment purpose. Would add more if further dip comes till 18 odd levels.
XAGUSD trade ideas
SILVER VIEW (PATTERN OBSERVED )Silver formed inverted head and shoulders pattern . if we break above 25$ then we will be heading for $28 in short term . if we break below $24 then we will be facing heavy selloff to 20$ in short term .position size should be taken care off .
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Bullish on SilverSilver is creating higher high and lower low pattern so can be bought
SL = 23.025
T1 = 24.820
#XAGUSD Breakout and Retest#XAGUSD Breakout and Retest in Day Time Frame
Wait for Perfect Candle Confirmation to Enter for Sell Trade.
Also Look like M Formation
Silver - is it getting ready for a big up move?Silver can give a LRHR positional long trade if manages to close above mentioned levels
Long trades can be initiated with SL of pattern low and today's day high of 24.06 as T1
SILVER Trading Plan - 24/Oct/2021Hello Traders,
Hope you all are doing good!!
I expect silver to go down after the correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
Silver - Pullback done, will resume upward journey soonSilver is bullish in all time frame
about to complete a pullback and formed triangle.
In this counter we should be on a look out to create a fresh long entry for marked target.
Any bullish reversal candle in 15 min tf, should be used to make entry
R:R is a good 1:3
Silver - Pullback done, will resume upward journey soon - updateRefer the original attached idea
Lower time frame chart shared to highlight the reversal patterns developed
sell silver @ 23.95 sl yesterday high tgt 23.5 - 23.25 - 23 ----Seeing pressure on bullion and looking at current chart I think silver is head for reversal
sell silver @ 23.95 sl yesterday high tgt 23.5 - 23.25 - 23 - 22.75 - 22.5
Silver, BullishSilver has started its bull run after taking support On trendline. Adx is also showing strong strength . My first target is 24.75, then 25.75.
I am not a professional advisor, please consult your advisor before trading.
Silver Futures (CFD)Silver closed above 40 ema in daily time frame in trading session of day before yesterday, it automatically confirms that the silver has completed a complex correction recently, now there is a good chance that a major bottom is done.
Silver can possibly make a move towards north direction in the forthcoming trading sessions, as per price we can say towards $24.89 which is the high of wave X and coincidently it is also top of current rising channel.
on the way down, or in the worst scenario, the 20 day simple moving average and the lower end of the channel which around coincide around $22.62, will be the crucial support level to watch out for.
fib key levels for target and whole scenario
macd in weekly
macd in daily positive and uptick
rsi in weekly uptick
stochastic in weekly
stochastic in daily
Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer
i am not sebi registered analyst
my studies are for educational purpose only
please consult your financial advisor before trading or investing
Good breakout in Silver1. Horizontal Levels Breakout
2. Trend Line Breakout
3. Very Bullish Candlestick Pattern
More than 1:2 risk reward
XAGUSD (ARGENT)Salut a tous.
Juste un petit rappel sur l'argent qui a un potentiel sous estimé jusque là selon moi.
Le prix oscille autour de 22.0 $, super. On peut se positionner en long avec un premier TP a 30$ et un deuxième a 40$ après cassure de la résistance a 30$.
À l’instar de l’or, l’argent physique est, en tant que métal précieux reconnu dans le monde entier et ayant servi de monnaie aux quatre coins du globe, une valeur refuge historique. Le nombre de mines d’extraction de l’argent diminuant de plus en plus au fil des ans, le métal gris bénéficie d’un niveau de rareté qui renforce sa valeur sur le marché.
L’argent et les produits en argent présentent également l’avantage d’être plus accessibles aux petits budgets, notamment par rapport à l’or.
💡Don't miss the great buy opportunity in XAGUSD (SILVER)Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (22.66).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XAGUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 55.
Take Profits:
TP1= @ 23.14
TP2= @ 23.43
TP3= @ 23.96
TP4= @ 24.59
TP5= @ 25.12
TP6= @ 25.52
TP7= @ 26.00
SL= Break below S2
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💡Don't miss the great buy opportunity in XAGUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (22.470).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XAGUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 52.
Take Profits:
TP1= @ 22.787
TP2= @ 23.124
TP3= @ 23.404
TP4= @ 23.700
TP5= @ 23.954
TP6= @ 24.289
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
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SilverSilver 22.45$
this is how I see silver ....
Holding of 22.2$
one can expected 23.5/24.3$
Just a small view!
#Silver #XAGUSD may have completed a long sideways correction Silver seems to have completed a rather long sideways correction to 21.42 levels. A labelled chart is shown. Yesterday's dip was a 5th wave downside thrust from a 4th wave triangle and found support at the earlier low in Sep '20
If yesterdays low holds, we are headed higher. The Risk to Reward on this trade is worth a bet on. Look for new multi year highs if 21.40 level holds
The current count has a very small wave 2 (circle) and a large wave 4 (circle) - This is not ideal but we'll go with this for now. The alternate is that the current sideways move is Wave 2 and the Aug '20 high was wave 1 - this makes it a extremely bullish count.
