Reversed The Trade After Initial Stoploss Towards Upside TriggerSelling XAG now. Across the board XAG is on a massive discount. Reversed my initial trade of going long after my SL has been triggered while going towards the upside.
1419SGT
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Xagshort
Possible Bearish Scenario Silverwe had a market structure shift (Ch) that could tell us that silver might be bearish aswell as there are a lot of imbalances to still take after price moved very hard without pullbacks. I also see that we broke some 4H trendlines as an extra confluence. For now i will be waiting for a Break of structure to signal that silver wants to go down. this is just a possible scenario, i just wanted to share it with you guys.
$xag | garbagelooks awful. everyone was eyeing $18 as obvious support. looks incredibly weak here.
think this dumps with xag and crypto.
been eyeing arouund $15.60 for a good while now.
XAGUSD LONGLONG XAGUSD IN THIS MONTH MAYBE 28.000
This month will go up to 28
XAGUSD BUY 📈 (long term +20 days )
ENTRY PRICE 25.000
-TP1 27.000
-TP2 28.000
-SL 24.500
Silver bearish analysis Hello Traders
Silver is still bearish. We are working the final bearish wave of a WXY pattern where wave W is a Zigzag Wave X is a Triangle and wave Y should unfold on a 5 wave impulse
Please share your opinion in the comments below.
Thanks and happy trading
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.)
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 IDEATBH first time ever trading silver, heard a lot and it looked promising.
so after 2 hrs staring at weekly and daily and hr time frames, I was able to form this.
predicting that price might continue the long trend or retest the drawn arrows and either break structure to a NL
or continue up after correction.
I'll be placing a sell limit @27.475 with a small SL around 27.620 (where price got rejected over multiple time frames,
and I'll be willing to take profit @26.885 (few pips before support point)
please let me what you think and if you have any idea on what indicators should be used here or what time frames are best judge for price action?
cheers
SILVERxagusd potential "price-time roadmap" big down wave might b coming soon or already started, before a continuation to the upside!
XAGUSD has loosing the powerXAGUSD has a falling trend and it is losing its power. For the 1d graph, it has lower highs and a "falling triangle". Also, shoulder-head-shoulder formation and double pick were seen in the short past. They indicate weakness. I'm more close to short but before taking a position, it must wait for a confirmation.
Short opinion:
If it will break the support ($20-22), the target will be $18.5.
Long opinion:
If it will break the falling trend, because of flag formation, the target will be $35 with a 50% gain.
It is not an investment suggestion. Please be careful with your decisions.
XAGUSD price action analyzisXAG chart with price action completely shows that the trend is going to be bearish and soon will be profitable, stay tuned :)
