Silver trend line breaks and it will be bearish (read caption)
Hello dear traders and trading view usera I have prepared setup for silver and I want your reviews about it in comment section.
My setup is what is written below read and then share your thoughts about it.
This is a 1-hour price chart for XAG/USD Silver
Trend Line Break: A red ascending trendline is drawn, and the yellow highlight indicates a breakout above this trendline.
Target After Breakout: Following the breakout, the price target is suggested below at approximately $30.00, indicating a potential retracement or price movement downward.
This chart I have made suggests that a breakout has occurred, which you might interpret as a signal for a change in trend.
Kindly support me.
My setup is what is written below read and then share your thoughts about it.
This is a 1-hour price chart for XAG/USD Silver
Trend Line Break: A red ascending trendline is drawn, and the yellow highlight indicates a breakout above this trendline.
Target After Breakout: Following the breakout, the price target is suggested below at approximately $30.00, indicating a potential retracement or price movement downward.
This chart I have made suggests that a breakout has occurred, which you might interpret as a signal for a change in trend.
Kindly support me.
Trade closed: target reached
Target reached and we successfully booked good profits
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.