SILVER TO 26$External weekly parallel channel showed us a powerful uptrend at 21$
The market created a internal daily parallel channel and made a 3rd bounce.
Expecting a ABCD pattern to 26$
Xagusdlong
SILVER (XAGUSD) | Best point for sale🔥Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
The wave count performed for the silver weekly time creates several movement scenarios, but in all of these scenarios an upward movement the size of wave (1) is confirmed in the current analysis.
In the current analysis, wave 1 is composed of wave probably 5 at higher times, and we are inside wave 2.
Wave 2 is inside wave a and wave a forms its four waves in the form of five waves in the form of a triangle, and wave 5 is placed around the Fibonacci 0.38 or the lower side of the triangle.
In the current state of wave 5, a microwave is completed, and in the next wave and in the next wave, half of the previous wave is corrected in the first motion of this wave; The completion of this wave can be done with the same correction or it can be completed in the form of two other waves that are formed in the form of sideways in the same range and then the next descent to the lower side of the triangle occurs.
But in the next case, the descent will be created without any other side movement.
Finally, it should be said:
If the fibo is broken or the upper side of the triangle, which is more like a channel, is disappointed with the continuation of the downward movement and the wave count is somewhat different.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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XAGNot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
LONG XAGUSDAfter firming a rising flag, price correct to the bottom of rising flag and now
I think price will complete a ABCD pattern and then will go up again.
XAG NEAR FUTURE PREDICTIONS (1HCHART)Technical Analysis Summary
XAG/USD
TREND ANALYSIS
We have 2 Downtrend in red color (Internal and long term)
We have 1 Uptrend in green color (Internal Uptrend)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy.
Sorry I did not post lately since I had covid
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
XAGUSD Buy Silver price is $23 For today. Inflation rate is too high in global economy, technical analysis also gives bullish signals on Gold and Silver charts. S/L is under $20 T/P $40. Good luck!
XAGUSDAs silver moves between $ 21.5 and $ 25.5, I expect the price to rise to the previous level. Are you agree?
SILVER (XAGUSD) | The best area to fall🔥Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
The wave count performed for the silver weekly time creates several movement scenarios, but in all of these scenarios an upward movement the size of wave (1) is confirmed in the current analysis.
In the current analysis, wave 1 consists of wave 5, probably 5 at higher times, and the valance is inside wave 2.
Wave 2 is inside wave a, and wave a forms its five waves in the form of five waves in the shape of a triangle, and wave 5 is located around the Fibonacci 0.38 or the lower side of the triangle.
To complete this wave 5, we will have a descent to the lower side of the triangle before the Fibonacci retracement of 0.618 or the range of 23,500, but this is normal.
And after this move, wave a ends and wave b starts, which corrects for a long time and in terms of correction up to Fibo 0.618, ie 25,600.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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🔔Keep thinking about buying silver😉These days, both gold and silver are good things to buy. I think if you are looking for a low risk transaction, silver can be a good case for you.
If you like my analysis, like me!❤️
Silver ready to run?Give a like and follow!
XAGUSD had a perfect bounce last week off it's late September low.
Possible double bottom formation.
RSI divergence on the Daily bar immediately before the dip and bounce.
MACD has just turned.
Looking at the 0.382 Fib level around 24.7 as target, with potential for a runner above 26 towards the 0.618 Fib level.
SILVERI think the wave Y or C is complete and SILVER start to new wave, it can continue to top of the channel. there is another channel bigger than this. SILVER has double bottom and this area in the past was really important. i think everything is ready to long. its a long-term trend
Silver Bullish outlookSilver start to make bullish move. I think this is the end of the correction, i expect price to break above $28.79 in the next months
SILVER (XAGUSD) | The best area to fall🔥Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
The wave count performed for the silver weekly time creates several movement scenarios, but in all of these scenarios an upward movement the size of wave (1) is confirmed in the current analysis.
In the current analysis, wave 1 is composed of wave 5 at higher times. We are inside wave 2.
Wave 2 is inside wave a and wave a forms its wave in the form of five waves in the form of triangle, and wave 5 is formed around Fibo 0.38 or the lower side of the triangle, and then wave b is formed. And correction for wave a begins.
Wave b is relatively time consuming and long considering the time spent on wave a and in terms of price it can be guessed that Fibo is moving 0.618.
If the move exceeds Fibonacci 0.618, it can be said that Wave 2 has already been completed.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
XAG/USD Silver/USD Short callBased on Dow theory and
Support and resistance
Watch out for Key support level...
Follow and like for more ideas.
XAGUSD LONG Lets see how silver will react during the FED event tomorrow, we can see lower time frame reaction and with the correct price action a possible upmove can happen! Be safe!
XAGUSD LONG - Buy Entry - H4 ChartXAGUSD LONG - Buy Entry - H4 Chart
Symbol: XAGUSD - Silver
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
Stop Loss: 21.789
Take Profit: 22.769
Take Profit: 23.367
Major Resistance @ 22.335
🔺 DISCLAIMER
🔺 For educational informational purposes only.
🔺 Analysis may change at any time without notice.
🔺 You must research and create your own trading plan.
SILVERSilver is in this bullish channel, its price has positively tested the support giving a high probability of a new wave up towards at least the 26 zone if the bottom of the channel remains solid.
SILVER (XAGUSD) | The best area to fall🔥Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
The wave count performed for the silver weekly time creates several movement scenarios, but in all of these scenarios an upward movement the size of wave (1) is confirmed in the current analysis.
In the current analysis, wave 1 is composed of wave 5 at a higher time and the valance is inside wave 2.
Wave 2 is inside wave a and wave a forms its four waves in the form of five waves in the form of a triangle, and wave 5 is formed around Fibo 0.38 or the lower side of the triangle, followed by wave b and correction. Starts for wave a .
Wave b is a relatively long wave due to the time spent on wave a and in terms of price it can be guessed that Fibo is moving 0.618.
If the move exceeds Fibonacci 0.618, it can be said that Wave 2 has already been completed.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
XAGUSD BuyLimit Plan GOGOGO
We believe that the price of silver will soon stabilize, so we must hold it for a long time to reach the first take-profit level.
LONG XAGUSDHi fellas.
XAGUSD is in long zone again.
After correction from 25.40, I think the ABCD pattern from 21.40 to 25.40 will complete very soon.
XAGUSD...D*** Cypher model completed... Harmonic
*** Target = 23.85515
*** The analysis failed to break the blue uptrend
Silver reboundSilver price has dropped past 2 weeks.
However, current dollar strength, we might see silver to rebound again to 24-25 area.
On 4H chart, bullish divergence and falling wedge has been observed.
Silver price might pump again, but this week we have ADP & NFP so we need to be cautious.
