Silver 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 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 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...
#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.
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...
Welcome to this analysis about SILVER , we are looking at daily timeframe perspectives. SILVER in recent times heavily decreased with bearishness however it now moved into an oversold condition. SILVER is developing here that will be a decisive factor in the upcoming times. I discovered the main formation SILVER is developing here that will be a decisive...
Waiting for price to reach KL
Price is moving within a structure and is at the 3rd touch region now.
As per my backtested data, The balance between supply & demand has a chance of shifting at these levels.
WAITING FOR A BIAS CONFIRMING SIGNAL.