SILVERM1! profit booking area happened 18-04-2022 9:00 to 15:55as per my understanding, today first segment of profit booking completed. second segment of profit booking will start soon around 750++ points, as per GANN.
MCX
CRUDE OIL MCX 29MARCHThis Chart crude oil MCX
2HR Time' Frame
EMA 200 hammer type candle touch closing time wait not up not down side.
Ema 200 and previous day Support zone closed
# MC/USDT LONG TERM GEM COIN Welcome to this quick MC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to our MC/USDT daily update.
As we can see in the above mention chart that MC/USDT was trading inside the triangle pattern and broke the upper trend line and bounced right from the yellow MA.
In the current scenario, MC/USDT showing some correction and one again moving down to retest the yellow ma which is working as strong support.
If it comes down then it will be the best area to accumulate or buy this gem on spot to hold for the long term like 2 - 3 months.
If it moves in the right direction then we will be able to see 200% to 250% potential rally on spot.
entry:-$2.15,$2.30
target:-200% to 250%
stop-loss:-$1.90
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Multi Year Breakout in Silver. A New Bull Run?Silver Micro Futures has broken out from a triangle pattern with good volumes. It has been correcting under the same for nearly 560 Days. Due to geopolitical tensions, commodity prices are expected to rise. This could mark a bull run in Silver. Resistance is marked in Red. So it would have to take out the supply area to continue Rallying.
Even Though This could be the start of a bull run in silver, I would like to make a small and quick profit from the bullishness.
Buy @ 68888
Target @ 74757
Stop Loss @ 65466
Risk Reward Ratio 2:1
As it has broken out from a year-long correction we can expect silver prices to go higher after taking out Major Resistances.
Note: Views are personal, Not Responsible for P & L. DYOR before trading/Investing.
MCX BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
Sell on highSellers can use 7,100 for going short per previous high. If breaken above 7,200 may lead 100+ & 600 + ponts for short term per fib series confirmation.
And down side looks weeks below 6,600.
MCX Long chartAs per price action, now at best RR. It is a falling wedge pattern and CMP, we can see a good support
SidewaysCrude Oil movements seems will be in side ways for this week. ranges seems between 6,700 to 6,400 per trend based fib extension. Trend may change once breackout the levels.
Buy Crude oilIt seems buying started from trend line view. Pitchfork also confirmed it.
Targets 30 -100 points. Stop Loss around 5,740
MCX for Swing.Buy only small qty if market is not stable.
Can keep booking partial for the given targets.
Copper Futures Reversal TradeIt has reached the lower trendline and looks to reverse by taking support. Going Long would be a good idea. Target is placed Near Resistance, Stop Loss is placed below trendlines, support zones and 200 EMA.
Silver is in side waysThe white metal Silver seems in side ways.
59,000 is a good support per trend lines and 64,500 to 65,000 will be the selling levels.
Buy on low is recommended
MCX Silver Short It has reached the upper trendline and faces resistance, therefore may undergo price correction. This would be a good opportunity to short Silver.
Risk Reward Ratio - 3:1
Zinc | Bullish sign for this Winter 2021MCX - Zinc offers 2 opportunity to ride the bullish trend. From the seasonality historical data, it has been always witnessed that by the end of November price starts accumulating demand the demands of the market.
As represented in the above chart, wait for the price to come near our area of interest and wait for other bullish conformations.
Gold Price has broke out the long term trendline T1. Golden crossover of 50 and 200 SMA is formed. These are the strong bullish signs. But price is stuck below resistance level approx. 49080 to 49735. When price will break the resistance zone, after a confirmation we can go long above the level of 50000.
Hi there, I am publishing my technical analysis ideas for educational purpose. All the analysis that I share are basic and simple to understand specially for new traders.
GOLD - BULL FlagGOLD broke out of its resistance and consolidation and now its time for gold to rally. we will very soon see Gold running towards 60K INR.
Copper (MCX) Short Term ReversalThe commodity has reached upper trendline and may undergo a correction within range. Trade is supported by resistance Nearby.
Risk Reward Ratio - 2:1
SL is placed above resistance zone & the upper trendline. The target is placed near swing low.
MCX Crude oil LongMarket hold the price point .than market pull back to top zone
Long for Buy Indicate and Hold for you T on your mind
My opinion is Long on this price point and Your's
Nifty DownTomorrow Idea same continue .Market heated for High level Short my Level today is 17955-970
this is my opinion and your"s
MCX inside candle tradein mcx prices weekly time frame prices are floating from very long time in a inside candle i have highlighted everything
target is 2100 and sl is 1400 best of luck
