Xagusdlong
XAG/USD Double Bottom - Quality 4/8 - Magnitude 7/8On the 4h chart, we can see a double bottom. Magnitude is quite high, we can also see the double bottom on the 1h chart.
Check on price action before entering the trade, see if we can break the resistance and get an uptrend. Should then act as support after the breakthrough. There's a good chance that silver follows the uptrend of gold, which we've seen in the past week.
RISK MANAGEMENT
----------------------
Thank you for inspecting my idea
I'm happy to see any kind of feedback
XAGUSD. You need to wait for the right moment.Hello dear subscribers!
The price of silver continues to fall,
but as soon as it drops to the level of support,
you could buy it there.
You just need to wait for the right moment.
Target is at a key level.
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
XAGUSD. Does this mean growth?Hey.
In just 4 days, the Silver price managed to fall from the resistance level to the support level.
For now, I would not recommend buying or selling silver. Because in this case it is a big risk, however,
the price will rise in the near future and will reach its target at a key level. Be careful. I wish you good luck.
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
Great Buying Opportunity!We are currently bouncing right off the "golden pocket", which is defined as the zone between the .618 and .65 fib region as seen on the chart.
We are also retesting the upper side of the breakout.
I do think this is a great time to buy silver stocks, and would love to hear from all of you as to what silver miners you're looking at and what your plans are.
Good Luck My Friends!
Silver/USD bullish signsHello.
Few noticements here on weekly time frame on silver:
Double bottom (red marks)
Good, clean looking reversed head and shoulders
After breaking the 200 ema (red line) it used it as support. If you compare this to previous movement it could be possible that we see upward movement as as long as we stay on top of it.
Same happened on the 20 ema (yellow line) four weeks back. Tested it 3 times but bulls took the lead.
Also downtrend (greenline) is broken with and nice looking cross on 50 (brown) and 200 ema which both are bullishs signs
Just simple speculation ;)
If you do trades always use stop loss
-Jebu
What's happening on Silver? Let's take a look via EW.Silver breakout rally from wave ii low has been in a five-wave pattern. According to Elliot Wave theory, a three-wave pullback follows every impulse and that's what I'm expecting from XAGUSD right now.
The completion of the correction should set a stage for a significant rally in wave (iii).
See related ideas for long term Silver Elliot Wave setups I published a few weeks ago.
trapped between 18.5 - 16.5. Fight of the bears and bulls. price if silver is stuck between 18.5 and 16.5. the sellers push it up from 16.5 till 18.5. the buyers push it down from 18.5 to 16.5.
it is an interesting sideways movement where we can expect a bullish/bearish breakout. personally I am expecting some fake moves to trap
the early sellers. but knowing the uncertainty in the world, the price can make a push above the 18.50 level.
XAGUSD roadmap on H4, a complex reversal pattern**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
Silver , Where to Buy?Hi Traders, here is the full Update Analysis / Breakdown for XAGUSD / SILVER.
Keep this pair on your watch-list.
Conditions -
1.Wait for confirmation( Break Of Structure )
2.Use Risk Management (Risk 1% of your capital)
3.Do your Own analysis!
4.Follow for more Analysis like this !
Dont forget to give me a like & Follow
let me know in the comment section below if you have any questions.
Your Support is much appreciated!
See You in the next Video / Analysis
Global Fx Education Team
XAGUSD, price is inside bullish trend channel! current price is inside bullish trend channel and uptrend price development seems neat and clear, we need wait price to breakout primary trendline resistance first and then buy when price bounce off from support level
Plan : trendline breakout --> wait for price to bounce off form horizontal / trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX