Completed the Correction " ABC " in a RISING WEDGE Pattern with the Breakout of Lower Trend Line #LTL We have Strong Selling Divergence in Long Time Frame #LTF It can Follow Some Bullish Moves to Complete its Correction at Fibonacci Level ( 50.00 - 61.80 % )
#XAGUSD Silver - BULLISH Channel #LTF - Rejection from S / R or DEMAND Zone - FALLING Wedge and Breakout of UTL with Retracement - Buying Divergence - IMPULSE CORRECTION
Despite been on a long term bearish momentum since the beginning of the year, the breakout of the bearish trend line on the daily timeframe a couple of weeks ago opened up the possibility of a potential reversal pattern in the coming week(s). However, since the breakout of the trendline we have noticed the appearance of a consolidation phase just above the $21.000...
XAGUSD will be long.. PLEASE use 8% of your account with proper risk management.. follow me for more ideas..
XAGUSD is uptrand, if there is confirmation of rejection in the demand area, we can re-buy following the trend and target swing highs
The appearance of a reversal pattern around the bearish trendline identified on the daily time frame insinuates a bearish momentum for the week. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) is high-risk and unsuitable for all investors. The content of this speculation (including all data) is...
price has the potential to move down more. we are waiting for good selling position
Target Achieved on Aug 5. Tast's an update for XAGUSD. Based on my analysis of the XAGUSD chart on Aug 4.
2nd August daily key reversal bar broke and close below previous daily bar low. 20.23 supply zone for short, may add more short from high of key reversal bar i.e 20.49-50. stop loss 20.56, target: 1935
this could be the next reversal point . looking for upside . first target 29.50-30.00$.
Silver looking bullish on Support zone , better to look it buy only on Support zone
XAGUSD LONG - Buy Entry - D1 Chart Buy @ Market Symbol: XAGUSD Silver Timeframe: D1 Type: BUY Entry Price: Buy @ Market TP - Resistance @ 26.678 Resistance @ 25.539 PP Y1 - Pivot Point Yearly @ 24.9373 Support @ 24.581 ✅ If you liked this analysis, please consider Following and giving it a Thumbs Up 👍 ✅ If you have any feedback or questions, please...
Like its bigger brother, Silver is also strongly bullish and from my last suggestion to buy dips around 25 is up to 1k pips. Also, it has risen so much I think there is much more in cards for XagUsd and it can reach 28 easily in the medium term. So going forward traders should look to buy dips and an ideal place for this can be the 25-40-25-50 zone A drop under 25...
In my last Silver analysis I said that above 23 is strong sell zone for Silver, and after 3 attempts to stay above this figure, Silver has dropped hard, confirming these attempts as false breaks and breaking back under 22.60 support. Now XagUsd is trading at 22.15 which is minor support and I expect continuation to the down side. My medium term target for Silver...
Technical Analysis Summary XAG/USD TREND ANALYSIS We have 2 Downtrend in red color (Internal and long term) We have 1 Uptrend in green color (Internal Uptrend) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use...
XAG/USD (SILVER) will go upside a little bit and after that, it will come downside as an impulsive or an ending diagonal (falling wedge) to finish the c wave of 5th of 2nd wave as an ending diagonal. DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes...
XAGUSD LONG - Buy Entry - H4 Chart Symbol: XAGUSD - Silver Timeframe: H4 Type: BUY Entry Price: Buy @ Market Stop Loss: 21.789 Take Profit: 22.769 Take Profit: 23.367 Major Resistance @ 22.335 🔺 DISCLAIMER 🔺 For educational informational purposes only. 🔺 Analysis may change at any time without notice. 🔺 You must research and create your own trading plan.