Making the Pattern for Better View ONLY
Hello,
Hope Every is doing great as we can see that Silver is in Uptrend and everyone can see that It is Making Higher High And Higher Low in Charts so Why to put So much Pressure On u, We are getting Simple Set Up and just Have To manage Our Risk Just before Pressing the Button.
Anyways I marked Higher Lows in the chart, Price is Shifting Upwards at the Same Time Doller Index looks Pretty Comfortable for this chart to complete its Path.
So I would Suggest
LONG ENTRY on break above the Triangle Approx. ~ 25.200
Stop Loss should be placed Below 22.06
And there is 3 Target or the Sub Station Point for this Trade which You Can Use For partial Booking or for other trade management.
29.960-30 Would be the Target For this TRADE .
it is Approx. 1:1.5 RISK:REWARD SET UP.
Obviously It is On DAY time frame So have Some Patience.
At the same time we can deny on the other hand of the picture if we broke below the Structure then we should Find Support 19.9 -20 Zone till that place also This is Chart will be in Uptrend ,
Rest DO Your Due DILIGENCE.
TRADE BIAS - BUY .
All the best.
Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Stay safe.
Hope Every is doing great as we can see that Silver is in Uptrend and everyone can see that It is Making Higher High And Higher Low in Charts so Why to put So much Pressure On u, We are getting Simple Set Up and just Have To manage Our Risk Just before Pressing the Button.
Anyways I marked Higher Lows in the chart, Price is Shifting Upwards at the Same Time Doller Index looks Pretty Comfortable for this chart to complete its Path.
So I would Suggest
LONG ENTRY on break above the Triangle Approx. ~ 25.200
Stop Loss should be placed Below 22.06
And there is 3 Target or the Sub Station Point for this Trade which You Can Use For partial Booking or for other trade management.
29.960-30 Would be the Target For this TRADE .
it is Approx. 1:1.5 RISK:REWARD SET UP.
Obviously It is On DAY time frame So have Some Patience.
At the same time we can deny on the other hand of the picture if we broke below the Structure then we should Find Support 19.9 -20 Zone till that place also This is Chart will be in Uptrend ,
Rest DO Your Due DILIGENCE.
All the best.
Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Stay safe.
Note
Didn't triggered on buy side and gave entry for sell side so completed one leg there and still bigger picture is for buy trend so book profits foe sell side and below 22 on DCB we ll update the plan.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.