Silvershort
SILVERMarket makers are trapping a lot of people pretending that silver is in uptrend but actually this is part of the market cycle. As you can see after breaking the accumulation phase we got fake move to the downside which traps all low shorts and moved away from this zone. After that we shift from this zone with momentum to the upside which induce traders to take long positions. I am waiting for another stophunt to the upside before the SLV to start going in to the real direction. Follow me for more ideas.
Silver - SHORT; SELL it here!!All the PMs but especially Silver is a Major SHORT here, with a Low-risk Entry!
A Bullish G/S and a likely USD reversal here - even if potentially limited in scope - should underpin a substantial decline in all the metals, from these levels.
Charts like this are no help, either! (Stock market forced liquidations have a tendency to spare nothing and no one, not even the PMs - at least initially.)
NFP = Guaranteed VolatilityUpdated Silver chart, not so important to do technical analysis now since fundamentals are stronger:
Fundamentals= NFP= Non-farm Payrolls (google it, I am not a big typer, sorry)
Good NFP= Many jobs= Great news for the US economy and the dollar = Dollar higher = Gold and Silver lower
Bad NFP = the opposite
What will happen? Well I wish I knew, I would know what to trade today..
positive sentiment, most likely will be positive (65% chances)
PS. Biden will talk today, 2 hours after the event... smells like a TRAP but i like Traps because they are also opportunities
the FXPROFESSOR
SILVER 4H TIMEFRAME Welcome to BittuFX - Trading 🎯
EURAUD 4H TIMEFRAME!
SILVER SELL - 25.993
🎯TP - 25.789
🎯TP - 25.585
🎯TP - 25.381
📈SL - 26.197
BittuFX - Copyright © Reserved
Use Min Risk ( Don't Use High Lot size )
Leave us a comment or like to keep our content for free
Have a great week everyone! ❤ - Bittu -
SILVER Short Idea, where is it going?Hello Fellow Traders, Here is a Full Updated Analysis on XAGUSD.
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some Rejection / Confirmation / Direction
2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish engulfing / Break of structure Aka Support Or Resistance)
3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND )
4.Always Use Risk Management (Risk 1% of your capital)
5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation)
6.Trade at own risk.
7.Show some support Below (Like , Comment , Follow & share)
Let Me know if you have any Questions or Comments Below
Happy Trading & Goodluck!
See You in the next Analysis!
Global Fx Education
SILVER - SHORT (Continuation); SELL it!! (... and forget it.)Much like in the old George Foreman grill commercials; "Just set (sell) it and forget it!". It's a dog but a great Short here!
Here is the "panoramic view";
It will deflate in 2 seconds flat, right along side with the rest of the currently prevalent inflation fantasies.