XAGUSDSilver price is poised for a bullish move on the 4H timeframe, following the Elliott Wave 1-2-3-4-5 pattern. After completing the 4th wave with a 50% retracement, it’s now positioned within a bullish flag pattern. The setup suggests an impending bullish impulse move, confirming the continuation of the uptrend.
Xagusdforecast
XAGUSD (Silver) Technical Analysis and Trade IdeaSilver (XAGUSD) has exhibited a robust bullish trend on the daily timeframe. We’re currently seeking a buy opportunity aligning with the trend continuation, assuming price action plays out as per the analysis presented in the video. The video covers essential aspects such as trend analysis, price action, market structure, and a potential trade idea. Remember to manage risk diligently when trading, and note that this information is purely educational and not financial advice. 📈👍
XAGUSD (Silver) Technical Analysis and Trade IdeaIn a recent video, I discussed a trade idea ahead of the ongoing XAGUSD (Silver) bull rally. Since then, we’ve witnessed a notable bearish movement. I’m closely monitoring the current price level for another potential buying opportunity, contingent upon price action confirming my analysis from the video. The market is currently exhibiting sideways movement, and if we patiently await increased volatility both above and below the range, we may be well-positioned to capitalize on a bullish trend. Specifically, I’m eyeing a break, re-test, and failure of the range on the 15-minute chart, provided we observe higher highs or lows forming.
The video delves into critical elements such as trend analysis, price action insights, market structure, and a potential trade setup. As always, exercise prudent risk management when trading, and remember that this information serves an educational purpose and is not financial advice. 🚀📊
Silver Breakout ?Pair : XAGUSD ( Silver / U.S Dollar )
Description :
Breakout of the Daily Ascending Trend Line and Completed the Retracement. Completed " AB " Corrective Waves in Long Time Frame and " 12 " Impulsive Waves in Short Time Frame. Symmetrical Triangle as an Correction in Short Time Frame with the Breakout of Lower Trend Line
XAGUSD ( Silver / U.S Dollar )Pair : XAGUSD ( Silver / U.S Dollar )
Description :
Breakout and Retracement for the Daily Descending Trend Line and Break of Structure. Completed Impulse and Correction and Rejection from Fibonacci Level - 61.80%. Completed " 1234 " Impulsive Waves , Will make its 5th Wave at Daily Demand Zone