Just another range trade 32/33->42/44 CnH on a monthly SL 26
I am taking an early long position on Silver as we are getting a trendline and 4 hourly resistance breakout. Long from 22.79 or as close as possible. Target 1 - 23.30 - Set stop loss to break even once T1 has been hit. Target 2 - 24.05 Target 3 - 24.50 Extreme Target - 25.49 Stop loss - 21.80
H4 - Bearish trend pattern. Lower lows. Currently it looks like a pullback is happening. Bearish hidden divergence. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
According to the given data, it seems that silver is currently positioned at the peak of a bearish channel and has encountered a decline trend line from October 2011. Moreover, it has already reacted to this trend line, and it is anticipated that it will undergo further decline. Similarly, gold miners are facing a comparable situation with a similar percentage...
Silver is currently in a channel I will wait for a break of the channel and the strong decline trend line.
COMEX:SI1! 👉 1. Price goes ABOVE the selected range on the picture. Long positions to activate. 👉 2. Price goes BELOW the selected range. below. Short positions to activate. ⚠️ Important Notes: 1. Follow your risk management rules. 2. Timeframes: up to H4
In this update we review the recent price action in the Gold futures contract and identify the next high probability trading opportunity and price objectives to target
✅TP - green lines ❌SL - red line EP - start of yellow line Original Analysis SILVER Falling Wedge identified at 22-Apr-17:00 2022 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 2513.0000 within the next 2 days. Support Levels 2404.9 Resistance Levels 2513.0 This does not constitute investment...
IN this update we review the recent price action in Silver and identify the next high probability trading location and price objectives to target.
In this update we review the recent price action in Silver and identify the next high probability trading pattern and price objectives.
In this update we review the recent price action in Silver and identify the next high probability trade locations to take advantage of!
TIME FRAME 15minute triangle breakout UPTREND COMING