XAGUSD expected to drop down (UPDATE)We have multiple conformations and wait for breaking the Rising wedge.
Xagusdshort
XAGUSD. Price will fall to a key level.Hello dear subscribers!
The price of Silver will fall at the moment when the price enters the sell zone,
the Price will fall to a key level, but will not fall beyond this level.
Watch the dynamics of prices.
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This idea does not provide the financial advice.
Silver Is Heading to $11 After A Short-term RecoveryHere we can see Silver making a simple zigzag pattern from September 2019 high. Wave (a) unfolded as a leading diagonal with 3-3-3-3-3 internal structure.
It then followed by an a-b-c zigzag retracement in wave (b). Since the completion of wave (b), the bears have enjoyed a massive decline in wave (c) which is not completed yet.
According to Wave Theory, five-wave make an impulse. Price seems to just complete wave iii of (c) in CADJPY's case, and wave iv is in the making.
This, in turn, meant that once the recovery in wave iv ended, another selloff in wave v of (c) would be very likely to complete the five-wave impulse pattern.
Wave iv has the potential to retest the blue resistance level that lined up with a 38.2% Fibonacci level.
What's your view on Silver?
XAGUSD potential reversal!
XAGUSD expected to rise up to 1st resistance at 17.0472 where it could potentially react off and drop down to 1st support at 16.6367.
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XAGUSD : Level Break Confirm.Thanks for Taking Interested in my Trading Idea.
XAGUSD : Level Break Confirm.
Market Looks Move to more Downside because Support level was broken.
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Note: This is only for Educational purposes; this is not investment advice.
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XAGUSD sell on H1Plan : wait for price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
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GWBFX
XAGUSD It's time for a retracement 1 hour chart = Double top
4 hour chart = Oversold
Daily chart = Oversold
XAGUSD SELLS&R identified
Fib point identified for TP and SL
Previous wicks has followed fib points
Silver oversold
$XAGUSD $SLV #Silver repeating 2016Silver is a strange one, the chart looks like a volatility chart, ie sudden spikes up, which then slowly fade (unlike stocks which do the reverse).
The last cycle from Jun 16 to Jun 18 was a classic bearish descending triangle. Price action from summer 2019 looks remarkably similar to May 2016 onwards, we are now at Nov 2016, which means this is just the place to short for a 6.7:1 trade.
SELL 18.00 (MARKET), SL 18.50, TP 14.65, RR 6.7
Silver next Four Moves forecastLong And short silver on given levels on chart with proper money management thanks
Silver's Midterm CorrectionWe will not be surprised if silver fuels from lower levels starting from now. Target is quite down so our stop is spread and leverage is low.
Entry: 18.16
Stop: 18.65
Target: 17.13
Have a nice week! Follow for more.
short silver near 17.47/17.53 Target 17.00Short silver near 17.47/17.53 Sl above 17.60 Target 17.00 Thanks just Trade with proper money management.
XAGUSD sell on H3Plan : wait for prices to bounce off horizontal / trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
ANALYSIS ON SILVERUSDANALYSIS ON SILVERUSD
Welcome to my analysis
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4HR CHart
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Interesting Point of interest In the SILVER/USD pair.
- Price above 200 day EMA.
- look for buy signals TO GREEN ZONE.
- Watch top for sell.
- Watch line for break out to the downside.
- MACD showing bearish divergence
Long term i am expecting move to the upside. Will update soon
Stay Tuned
XAGUSD Weak DowntrendPerfect touches on the EMA line, a retest is possible however I think this weak downtrend will be broken after a small pullback from the double top formed, silver may follow gold and palladium in its recent bullish nature. A bearish triangle can also be observed.
XAGUSD : Bearish Move is Ready After upTrend line breakout.XAGUSD : Bearish Move is Ready After upTrend line breakout.
Silver 4h short idea!XAGUSD potential short setup, price currently below 4h 50ma and has set a new lower low. Targeting the 127% fib extension. Look at my account for a big picture long trade idea
XAGUSD Short Term Profitable LevelXAGUSD has been in an uptrend as we said before and this uptrend is in a bit of pause. So we spot a short possibility and we get in. Risk/Reward isn't as good as before but the possibility is high.
Entry: 17.88
Stop-Loss: 18.05
Target: 17.70
Have a nice day!
