Xagusdlong
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.
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.
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Another Silver Analysis - H&SIdea for silver, demonstrating the Head and Shoulders pattern that has repeated itself throughout a bull market and into the next bear market
Points in grey box are very similar also
As we have just finished forming the right shoulder, it is likely that price will decline, furthering the bear market for silver
XAGUSD (SILVER).......BUY...BUY
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
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Silver has changed trend, it will rise and target 28.20000Price was in a strong downtrend as from May 2021,
as in October price strongly broke out of the downtrend phase and began to trend up.
My expectation is that price will continue to rise higher.
Bullish confirmations should be watched for buy entries.
Silver- Will it reach 28 by year's end. IMO, it willIn my previous Silver analysis, I've argued that 23 is a strong buy zone and the price reversed exactly from that zone, putting in a Pin Bar on our daily chart.
As in Gold's case, Thursday and Friday the price rose and at this moment Silver is rising towards resistance.
This resistance can very well be the neck-line of an H&S pattern and a break here would expose important 28 zone resistance.
IMO the end of the year will be bullish for PMs and also a long trade for XagUsd with 28 target would have a 1:3 R:R
XAGUSD TRADE IDEASILVER
Following the daily breakout, I see an instant position at 4hr tf. (green) to ride the trend
Breakout at $24.868 on a monthly could provide a nice opportunity to buy silver dips.
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
Like and subscribe and happy trading to all
XAGUSD - bullish AAD patternHello all!
Almost a month ago XAGUSD broken out of the long term bullish pattern.
Now it seems like it is bouncing of the lowest point of the AAD pattern.
This can be a confirmation for a bullish move. There are good odds for
a risk long entry.
Disclaimer: Any risk related to trading this commodity is solely on you. Please, think thoroughly before making a trading decision. Cheers!
Silver- Where to buy? After it has reached 24.70 zone resistance, Silver has started to correct October's rally and is trading now at 23.43.
Slightly under 23 is strong confluence support given by 61% Fibo and horizontal support and here we can look for opportunities to buy the market for a revisit of resistance.
silver is going to be mentioned a lot in the next few months.Inflation is not going to go down soon. Gold and silver are both great investments in the next months but I think that silver may give a lot more. Technically, the best place to buy is the mentioned zone in the chart and I think that price will return soon.