SILVER (XAGUSD) - LONG Position - Swing
Updated
I am going long on XAGUSD (Silver).
My Elliott Wave count points me to a C leg in an Impulse or Diagonal as the next possible move.
XAGUSD Long - Technical Analysis:
- ABC (Minute (orange)) sequence
- Bullish Bat Harmonic
- Bullish Divergence
- 78.6-88.6% Fibonacci Retracement of Minor A (white)
- 161.8% Fibonacci Extension of Minutes A&B (orange)
Silver Buy Orders - Trading Signal:
Entry @ 18.10
SL @ 16.40
TP @ 20.00 / 21.40 / 21.80
My Elliott Wave count points me to a C leg in an Impulse or Diagonal as the next possible move.
XAGUSD Long - Technical Analysis:
- ABC (Minute (orange)) sequence
- Bullish Bat Harmonic
- Bullish Divergence
- 78.6-88.6% Fibonacci Retracement of Minor A (white)
- 161.8% Fibonacci Extension of Minutes A&B (orange)
Silver Buy Orders - Trading Signal:
Entry @ 18.10
SL @ 16.40
TP @ 20.00 / 21.40 / 21.80
Note
Note
Looks like an Ending Diagonal on XAGUSD.Trade active
XAGUSD trade ITM.Trade active
SILVER BullishTrade active
Good profit taken on XAGUSD.This current bearish move should stop around 20.29 .
If it doesn't then the up-side will not occur that soon...
Silver now in monitoring mode.
Trade active
SILVER (XAGUSD) ready for another go.I went LONG, again ...
Trade active
Added LONGS on XAGUSD.Silver should start flying.
Trade closed: target reached
Second TP taken, very good profit.Leaving it to breathe for now: SILVER might be just starting.
Trade closed: target reached
XAGUSD Long positions closed. All targets reached. Very good bull run and profits.
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.