Taking support at previously tested area and bottom of channel.Silver is taking support at previously broken resistance area and bottom of a channel. moving out of the channel again would take the price to higher levels.
Third attempt to break the channel. Looks Bullish.Silver is attempting to break the channel for the third time. Looks Bullish as its near the previous support.
Do your analysis and make a call..
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Silver positional levels mentioned on chart read description 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 Trailing SL (SL 27.2% )retracement Which is SL points then take En
Silver possible structureSilver took support at previous swing high plus .382 fibonacci level.
Expected to do 1.382.
XAGUSD_15MXAGUSD_15M BEARISH
Everything is mentioned on Charts.
Please always look for double confirmation before entry
Wish you Happy & safe Trading.
Trade as per your own RISK
Please Note:
My studies are for educational purpose only.
Please consult your financial advisor before Trading or Investing.
Silver bullishWith strict stoploss below cyan colour line
Go long with target 1 and 2 ahown by green lines.
XAGUSD_15MXAGUSD_15M BEARISH
Everything is mentioned on Charts.
Wish you Happy & safe Trading.
Trade as per your own RISK
Please Note:
My studies are for educational purpose only.
Please consult your financial advisor before Trading or Investing.
I'm not responsible for any kinds of your Profits & Losse
stuck inside the channel. Will observe for clarity. silver - stuck inside the channel. Will observe for clarity.
if closes strong above the Resistance, may look for a long. if closes strong above the Resistance, may look for a long.
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Displays a symbol's price movements over previous years to identify recurring trends.