Breakout for Silver (SLV chart)Hi my original name is Got Goldies and I'm major Silver chartist.. this is what i believe should happen..and you can also follow me at Anatomy of Silver forum.Longby luckylegs10Published 8
Small platform is finished. small wave 5 starts soon. Ideas is always change to cope with the chart from time by time.Longby y.k.Published 113
$$$ SLV $$$ - SILVER AT SUPPORT ON MONTHLY TIMEFRAMESLV IS STARTING ITS UPTREND IN MONTHLY TIMEFRAME. VERY GOOD OPPORTUNITY TO BUY. PRICE AT SUPPORT, PRICE ABOVE UP TRENDLINE!!! SUBSCRIBE TO MY TELEGRAM CHANNEL TO KNOW THE ENTRY SETUPS IN SMALLER TIMEFRAMES LEAVE ME A MESSAGE IF YOU HAVE ANY QUESTIONS REGARDING THIS TRADE!!! FOLLOW ME ON INSTAGRAM @ forexoptions786 & TELEGRAM @ t.me FOR FUTURE TRADE SETUPS. HAPPY PIPPING!!!Longby ImadQuadirPublished 2
Pushed out of the downward channelFinally silver has pushed out of the downward parallel channel.. now the next likely destination would be the 200 MA resistanceby pDarshildPublished 1
SLV at resistance againhas been channeling down for few months now and this time also its weak moving into resistance. likely to fade away before making a move out by pDarshildPublished 2
SLV: Silver Updated target and posible course. Often after a long term bullish rise (as occurred in silver upto 2011) there is a slow time of consolidation from the overbought condition before the next and often final burst up. Sometimes this takes the form of triangle (contracting or expanding). With that in mind I thing we may be going to form a multi-year side ways triangle in silver. Just a guess. If this is correct it should be great for traders if we can stay in step. With this in mind I favor we are about to start a "C" wave up to "BB" (see daily chart). C waves often are full of energy which I will be too if I am correct. Currently we are still in a down channel on the daily chart. There is a small negative reversal currently in the daily RSI. I think we may get one more move down likely to the 14-14.5 area in the SLV. Good fib "relationships" at that level. If that occurs will be watching closely for a price action "trigger" to enter long. Of course it could go down to the 13 level to form a double bottom as well. Hope this ends up being helpful to your trading method. Comments always welcome. by goodguyPublished 5
Silver: Bullisch Harami pattern confirmed! Leg 3 begins?We get more conformation that the bottom in silver has arrived! On a weekly basis the candlesticks have formed a Bullish Harami pattern, which is a reversal pattern. Several patterns were already indicating that the bottom was in, so this is an other conformation. This gives us also more trust to the patterns we (I) see developing now...and make predictions of the patterns more trustful.Longby Peter101Published 6
SLV Bearish Rising Wedge formingA rising wedge is forming setting up a short term drop after a failed breakout of the current downtrend. Selling Jan 20 $15.50 calls @ $.33Shortby CodeNameDuchessPublished 6
SLV long FEB-MARCH ENTRYSilver is in a downtrend, looking for the correction near or after the electionsLongby p4r4d0xPublished 3
SLV: time to invest in Silver? # SLV is downtrend & has no reversal sign yet. # Good margin of safety as the price is low. # First sign of trend reversal is when SLV make a "higher high" by breaking above $15.50, second sign is "higher low", which is above $13. # (if) Pulling back to new uptrend line is considered as healthy. # Early Buy Entry: Point A, 2nd Buy Entry: Point B Shortby ryanchaiUpdated 3
SLV: Update on SLVFalling red wedge / wick (in red) = positive; C/H pattern = positive: handle is almost complete; If the handle is complete en resistance line becomes support we can calculate a target of about 29 usd... Big blue triangle = positive: gives a target over 20,50 usd; not met yet... Many positive patterns in Silver... Could take a few weeks (3 or 4) before the metal market really turns... The calculated target of little c/h pattern at the bottom was reached! This broken neckline will now be the support-line of the big C/H pattern. An update will be given if something of importance (in my opinion...) changes.by Peter101Published 3310
SLV, long term bullish pickSilver once is at a very cheap price right now. This is a long term call so I don't mind if it stays a lower level for a while while I'm building my positionLongby swingtraderzPublished 4