Silvershort
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
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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.
XAGUSD : SILVER LOWER TO 24.35, Before reversing higher.We Expect SILVER to move lower.
This is my PERSONAL trading CHART, with no further educational explanations.
IF you get it, YOU GET IT, if you don't, YOU DON'T. I really don't care.
We use ELLIOTT WAVE theory to determine WHAT the Pivot IS, we are expecting, (i.e. TOP or BOTTOM).
1) We use MULTI-TIME-FRAME Indicator analysis too fine-tune the PRICE and TIMING of the expected WAVE.
2) We ENTER and EXIT trades over time, in increments and take the average.
3) We NEVER go all-in or all-out at ONCE.
4) WE take 25% Profits after PRICE has risen 50% of proceeding wave.
XAUUSD SHORT As forecasted!!!!XAUUSD is heading south. I had missed a trade late last night on this pair short. As forecasted on Sunday, Silver is going down. We are coming up to some key traffic areas . Lets see what type of reaction we get before entering. I will be looking for some good continuation patterns. Silver will fill the Daily IMB and Weekly IMB short at some stage. Lets see what the next two days of Price action presents itself. Long positions, I will wait for my key Areas to get hit first and I will wait for some confirmation before entering. CONSISTENCY IS THE KEY TO SUCCESS!!!
Silver Price 2021 - V3Building on the work of my V2, which had correctly identified the 8 year cycle for Silver, there was something about the MACD bugging me about it and how it didn't line up.
Went back to it and got to the bottom of it!
And what a lovely find regarding the Elliot Wave corrective wave, in that the time proportion between the last correction period and this recent one is the .38 important ratio.
Quite happy with this and think this is the final Version of this chart for sure!
IN GO (L) D WE TRUSTH !!
This time not in gold but in silver. I have recommended to my clients, the entry on silver or on miners since Thursday. The situation is heating up in the markets, and I expect a serious increase right in the opening tonight. But entering now compared to Thursday, involves some risks of extreme volatility, due to the situation in the markets. Let's not underestimate those who never sleep, and who will surely jump in the boat after the course is set. I mean of course reddit boys !!
See you tomorrow if I was right.
Everything on green!
Silver could drop under 24 In my 2 days ago analysis on Silver I said that the rise from 24.50 is clearly corrective in nature and rallies towards 26 should be sold.
At the time of writing, Silver looks like it carved a local top and a lower high and it is resuming its bearish trajectory.
I'm bearish Silver in this context and I expect a new leg down under 24.
Gains should be very well capped by 26 resistance at this point