Silver has recently experienced a breakout with a strong move to the upside. The monthly candle is still closing outside the highlighted trend line resistance, but the price rejected near the $30 level and closed the month near $26, creating a long upper wick that suggests strong resistance.
While this technically qualifies as a breakout, the probability of...
As we could see from the chart the way how XAGUSD presented beautiful patterns every time before a breakout. Now looking it from the left side of the chart it seems pretty easy to create multiple good trading setups but what's tough is doing the same to the right side of the chart where the UNKNOWN lies. That's what would take years of experience to interpret and execute.
Silver has consolidated in bullish flag. Now it is breaking out of this flag.
Buy it with today's lowest price as stoploss. target will above Previous high
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Please read the notes as mentioned on the chart.
Disclaimer: I am not a Registered Analyst with any of the National/International Agency . Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
looking really bullish if it breaks out and sustain above 30 then we can see the targets shown in the chart and I can see it may touch all time high this time after 2011
Get Ready for Big Move in the Silver
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Silver has given triangle pattern breakout from 26 resistance levels.
Initial target is coming to 30, then 37.5 and 48 (previous All time high).
SL: Daily close below 26.
Silver - BO Confirmed.
first target 30 dollar and thn 50 dollar.
Remember: I am a Price Action Trader and use Price and Volume together with different Timeframes, including RSI, and market conditions. To get best result always wait for confirmation. Focus on Risk Management and Position sizing.
I use Trading view for my Analysis and charts Repositories. I could...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On December 20th, 2023, I made an analysis in which I expressed my view that the price was going to rally from the price levels back then. As of today, the price has moved by about 10%, just as I expected.
I monetized on this move by taking a position in SILVERBEES.
As of now, the price is hanging around key inflection levels. There is a high probability for the...
XAGUSD Which is showing a great opportunity XAGUSD is ready to breakout. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
The triangle in Silver is part of an X wave. So, as we get closer to 25.76, we are closer to the end of wave E of the triangle, from where prices can resume the journey lower. But that has not happened yet. This is a wait and watch for what comes next. Let the momentum indicators like RMI confirm that this is happening.
Commodity price are trendy over a period of time.
observing the price trend of silver and its consolidation over previous 4 years can this be a start of some amazing trend to top?
can silver reach near term top of 30?
can it further move to 35?
lets c how silver prices work this time.
Silver has confirmed double bottom on daily charts with positive divergence. Price action looks good to take a long position in the short to medium term.
Disc- Not any recommendation! Trade with your own RR and setups!
