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Silversignal

SILVER XABCD-CYPHER will give us 17% account growthSILVER-xagusd ********* ⏳4 Hour chart 🎲 Possible entry analysis ⛳️ Possible bull/bear target 📚Educational —————-❇️——————- Detailed analysis 💬 1️⃣ Strong break through the 25.00000 2️⃣ XABCD Cypher pattern-Bullish sign 3️⃣ Broad weakness of USD,USA election results outcome 4️⃣ 26.00000 Dynamic support and resistance 5️⃣ Price reached October high 6️⃣ 25.00000 will Acted as strong support 7️⃣ Technical support - Bull 8️⃣ 27.00000 acted as key reversal-bullish 9️⃣ October high-Immediate resistance-Alternative bearish entry 🔟 Possible swing target-29.00000-major psychological level #️⃣ Overall bullish trend —————-❇️——————- 📉 Technical bias-H4-Bullish Price Above 50,100,200 Exponential moving average Relative strength index - Reached 70- overbought condition short term fall back expected MACD -Turned green and well above signal line, oscillators pointing upward Stochastic - Reached 75- overbought condition short term fall back expected Ichimoku cloud -cloud is turned green-Price is above the cloud-Middle line support Bollinger band- Price reached around the upper band-Short term bearish correction towards middle band —————-✳️——————- Key reversal area's 25.00000 psychological level 22.60000 October month low 25.60000 October month high 25.60000 50% Fibonacci retracement level 30.00000 Major psychological level 24.75000 Possible entry- Bull 27.00000 psychological level/Trendline resistance —————-✳️——————- Bullish entry #silver #xagusd Entry price - 24.80000 Take profit 01 - 26.00000 Take profit 02 - 27.00000 Take profit 03 - 29.00000 🚫 Stop lose 24.20000 ⬆️ 17% Growth expected ⤴️ Account growth 2.4 : 16.96 ✅ Risk reward ratio 1 : 7 —————-⚜️——————- Push the like button , And cheer up if you found useful
OANDA:XAGUSDLong
by forexorbit
SILVER battling with 200 EMA in a rising channelSILVER Silver is tend to move along with Gold but the daily moving range is higher than GOLD Today the upside momentum has stopped by the Strong 200 Exponential moving average same as like the Gold. We can expect short term rebound after reaching the lower side trend line and may move towards 200EMA. For the longer term bullish trend Silver has to break the trend line as well as the upside trend line From my point of view it will fall after reaching the 200 EMA. if the lower side of the trend line was broken we can expect more number of sellers will come to move this metal below 22.000 Give a thumbs up if you found this idea useful Follow our profile to get regular market updates
OANDA:XAGUSD
by forexorbit
1
Why you should pay attention to Silver ?Silver has been hammered pretty badly during the sell-off in March and after the recent market correction. Nevertheless, the large timeframes tell a different story. When we zoom out, we can quickly notice the huge that silver has been putting since Dec-15 marked by the a lower low $11.639 in Mar-20 and then a solid bounce followed by a rally to $29.869 in August. This month the price has further corrected to $21.665 marking an oversold RSI up to the daily timeframe. Looking at the higher timeframes weekly and monthly, - taking the history since 2013 into account, we could see a large cup formation to which the current drop could be seen as the handle pattern being worked out, - taking only the recent drop into account, we could see a very interesting bull flag formation being worked out. In either cases, a breakout over $28 might send Silver back to .786 fib level with a price target over $41 before a longer consolidation takes place (if it follows gold's path). Silver is known as a lagger but it is also an aggressive mover since its cap is not as big as gold. I am definitely going to increase my exposure to Silver and silver mining stocks as well. Let me know you thoughts, like, follow and share to support my ideas. Until next time !
TVC:SILVERLong
by CryptoMargrave