XAGUSDPair : XAGUSD ( Silver / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
Break of Structure
RSI - Divergence
Fibonacci Level - 78.60%
Demand Zone
XAGEUR
XAGUSDPair : XAGUSD ( Silver / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
Break of Structure
RSI - Divergence
Fibonacci Level - 78.60%
Demand Zone
XAGEUR Silver Sideways Range Trade ideaXAGEUR Currently in a Range. Placing Buy Stop on
Break of R2 Level Break
Entry - 21.24
SL - 20.75
TP1- 21.61
RR is 1:1.5 in 2 Orders
Placing a Sell Stop on the break
of S3 Support Level
Entry - 20.186
SL - 20.514
TP1- 19.89
RR is 1:1.5 in 2 Orders
XAGEUR Silver BearishBearish Breakout on Horizon
Sell Stop Order on S2 level Break
2 orders of .04 Lots
RR 1:1.5
SILVER decision timePlease 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
This is follow-up to the idea I posted 3 months ago when I called falling wedge breakout to the upside.
XAGUSD is doing really well since and now is heading into strong resistance cluster created by zone 24.15-24.40 and by major downtrendline (red). Notice the price action which formed rising wedge pattern (lime) which is usually bearish, but it can also break to the upside - in the early stage of new uptrend. So decision time is coming ... breakout up or down? Just closed part of the long position just in case we turn down south. I will not be trading until break occurs and things settle a bit. There is another hurdle @ 26.20-26.95. Sitting on the sidelines is sometimes the best thing one can do!
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
SILVER falling wedge breakoutPlease 1st of all click the boost🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
XAGUSD backtested twice the previously broken violet downtrendline (zoom out) and it held as support. Price recently bounced up and now breaking the falling wedge. If the break is successful then we could see price rising to the resistance @ 26.21.
GOLD/SILVER ratio (see chart below) reached strong resistance and now dropping hard (as predicted) meaning that silver is stronger than gold. This is usually the case in metals bull market, silver is just high beta version of gold (aka gold on steroids).
Are the metals bulls around the corner?
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
🥈SILVER vs EURO💶XAGEUR broke down the bear flag few days ago and is dropping hard since. Recently bouced off the range lower edge support - which IF broken, I expect further fall down to bear flag target @ 16.52. Stackers, don't be sad, you can buy more cheaper!
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Short XAGEUR at pull back to resistance.Short XAGEUR at pull back to resistance.
Risk = 1%
R/R = 1.5 to 2
Sl and TP as on chart
GOLD🥇 triangle breakoutXAUUSD seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 2210 and even higher. Setting BUY STOP-LIMIT order to catch the breakout. GOLD come on!
ENTRY : local high @ 1877
STOPLOSS (SL) : local low @ 1753
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 2210
REWARD RISK RATIO (RRR) : 2.7
INVALIDATION : when SL level hit
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Silver holding the lineSilver, which has been hit this on Thursday, made a comeback right after this quick selloff. This quick recovery might be seen as a confirmation of the bull market in place since last year, as the deep has been bought quite quickly by investors.
This set up seems particularly positive for the months to come, in this reflationary recovery in which silver would play a role as a monetary metal (a store of value), as well as an industrial one.
N4 next candlestick day is bullishN4 next candlestick day is bullish
and the dollar is mostly weak on friday's.
Goodluck
Silver will reach back to the upside channel target 25,098 euroAs you can see we have closed an outside bar on a daily basis.
This week canldestick will be bullish to ,because after a outside bar , we have seeing a bullish rise in the last bull run in 2010.
When it gets to the upside channel(green) we'll probably see a bull run to 30 euro.
With a good of luck we could see a new all time high at the end of april 2021
The risk is under 21,106, because there you see the last support.
Small risk and high profit
Good luck
silver next target is 25 euroThe first quarter of the year will be the second best quarter for silver
The inner and outer trendline is broken so it can easily go to 25 euro in my opinion
Goodluck
SILVE WEEKLY UPDATE 101Hi friends on the weekly chart we can see how a retracement up to the trendline indicated on the chart is possible. We are likely to see this scenario at the weekend.
Stay connected for more updates in this channel, if you like the content leave a like and follow me;)
Up Up for XAGEURXAGEUR has made a double bottom which broke throu my trendline, + it’s also in a ascending trend so therefore the only way is Up📈
Also when you trade it, also trade XAGUSD as well, they basically going the same route!
Btw look at that star ⭐️
Why was silver going up again?The 1980 bullrun wasn't the same as the 2011 bullrun. Because Fiat decreased in value. The current bullrun isn't the same as 2011 and certainly not 1980. What I do say is new high in real value. Which means we have a long long way to go. Everything below 3 digits is cheap.
Search for value not fiat. Stocks are crashing for years already.
Silver 2011-2020 Uptrend SimilarityThe above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
XAGUSD (LONG *UPDATE*) ENTRY SIGNAL: THANKSGIVING DAY-P *ACTIVE*Please defer to the related link publication below posted on Thanksgiving Day 11/24; here we are now (rather than update a publication over a month ago, I figured I'd update it with a new chart) & if I'm being completely honest; I'm only re-publishing this for gloating purposes cause WE HIT THE JACKPOT ON THIS CALL BABY.
I'll repost link for those of you who are too lazy to click on it.
Damn I knew I was good...I knew I had magic...but DING 60 (WoW reference) my crypt0w1z has capped at max lvl (ironically during a commodity pub) & now it's time to start collecting swathes of loot as this baby (blue) whale feasts on tons of krill each passing day until around Q2-Q3 2020 where I'll have the largest mammal to have ever existed in the history of mankind with veins so big that a 7" tall 220lb adult male could swim through them -- #Facts (incase you didn't know, the largest animal to have ever existed in the billions of years since Earth's crust formation, wasn't during the prehistoric or paleolithic era...but still exists today!)
The Blue Whale is not just the largest mammal on this Earth, it's the largest living sentient being to have ever existed in our current (known) universe.
This wiz has no intention of being a blue whale...i'm a goddamn wizard. My intent is summon an army of blue whales on that OGBUFFET status. Notice I said INTENT not GOAL or ASPIRATION.
Nike.
DISCLAIMER
NOT FINANCIAL ADVISE
Silver LongXAGEUR Target 1 = 16.5 € - Target 2 = 17.8 € - Target 3 = 18.95 €
XAGUSD Target 1 = $18.3 - Target 2 = $19.6 - Target 3 = $21
Target 3 expected to hit in February 2020.
What are your thoughts for Silver?
Several Bullish indicators just went of on GOLDAs Gold was bull flagging, completing an A-B-C-D-E wave,
it also formed a reverse H&S,
Several bullish hammers on the lows (also contrasted to some bearish on the highs)
And a breakout of a trend line.
What more would you like?
In my opinion the trend is bullish for now.
But please keep showing contrasting idea's as we shouldn't get too biased.
