Silver/EURFailure to make a new low over and over to breakout, retesting breakout area now, see if it gets the hold and follow through
XAGEUR trade ideas
XAGEURHigher High and higher low pattern and inverted hammer at lower low point indicate the long position.
Ichimoku: XAGEUR Bias turning strategyif you like my strategy, please strictly control the single loss between 1-2%. We have played many games in the market. The investment itself is very low-risk, and irrationality is the biggest risk.
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XAGEUR!We see a corrective pattern that indicates more selling to come.
The correction can extend and get complex but for us we will wait on lower timeframe action.
Trade with care use a stop loss.
Time for a long term investment in silver?So tell me:
Is it more likely that silver falls to zero (worthless) or goes to 40 ?
All this may take some good time and your rollover / overnight fees in cfd have to be considered.
But overall - for me - it seems that chances for 40 are greater...
keep in mind:
- trade at your own risk
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XAGEUR : possible buy zoneAs you can see on the chart, clearly we are in a possible reversal zone to the upside .
My intentions is to start buying and build a position gradually.
The ultimate goal is to catch the next low inside the big triangle but the position will be adjusted according to price action , momentum and so on
best of luck :-)
Hammer candle on silver / euroA hammer candle setup has formed on the silver/euro weekly timeframe.
I’ll be looking to enter on the open of next week.
Levels on chart, risk reward ratio 1:3.
xageur hammer POTENTIAL on H4A potential hammer setup is maybe forming on the H4 timeframe (XAGEUR).
Wait for current H4 candle to close. If it is a green one, enter on the next !
SL = below hammer’ slow
TP = 3:1
BULLISH MOMENTUMTHIS IS MY BULLISH TREND CONTINUE IDEA. HOWEVER, WAIT FOR COME KEY LEVEL AFTER HOW TO RESPECT TO KEY LEVEL AFTER TREND CONTINUE TO Uptrend YOU CAN ENTRY ,SO THIS IS MY OPINION ONLY .
Buying Silver against Euro provides 10% discountBuying Silver against Euro provides 10% discount compared to the long term average EUR/USD price. It can be a very good opportunity as the Euro funding rates (close to 0%) are also considerably lower than USD funding rates (around 2%).
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
SILVER - Small correction towards 17dollarsI expect a small decent correction towards previous ressistance acting as support now.
I'll buy between 18th and 25th with XRP.
www.suissegold. eu
OHH LOOK SILVER!!Silver is cheap as chips and so far market has chosen to bump up the price.
Gold is still in my bearish zone but since precious metals have had a bullish week I'm going to remain bearish until I see a break of 22 on Silver or 1900 on Gold.
SILVER (GOLD).If silver can stay above this purple zone and retest then further bull.
If silver falls below this zone and retest then trend has turned bearish.
Gold will move first and silver shall follow.
XAGUSD (SILVER) A close in purple no trade zone could mean bearish silver still.
But a close above could mean further bullish 🤔.
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.
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