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Xagusdlong

XAGUSD - Metals Trading | Elliott Wave Structures I Q2 2019*If you like this idea please support it with a like so I can publish more. Thanks! More details about me in my signature. XAG/USD - Elliott Wave Outlook Bullish Swings - Patterns: ABC Swing in Primary X (purple) Leading Diagonal in Intermediate (A) (blue) Expanding Flat in Intermediate (B) (blue) Ending Diagonal in Intermediate (C) (blue) Bearish Swings - Patterns: ABC Wedge Formation in Intermediate (A) (blue) Next expected swing: Bullish sequence in Intermediate (B) (blue) Structure change: A breach of the lower trend-line from the Ascending Channel could result in more weakness ahead
OANDA:XAGUSD
by EW4X
XAGUSD approaching resistance, potential drop! Price is approaching our first resistance (horizontal swing high resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below this level to our major support a (horizontal swing low support, 78.6% Fibonacci retracement, 100% Fibonacci extension). Stochastic is also approaching resistance. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XAGUSDShort
by easyMarkets
XAGUSD approaching resistance, potential drop! Price is approaching our first resistance (horizontal overlap resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop to our first support (horizontal swing low support, 50% Fibonacci retracement) might occur. Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XAGUSDShort
by easyMarkets
XAGUSD approaching resistance, potential drop! Price is approaching our first resistance (horizontal overlap resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop to our first support at 14.58 (horizontal swing low support) might occur. Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XAGUSDShort
by easyMarkets
XAGUSD approaching support, potential bounce! Price is approaching our first support at 14.3904 (horizontal overlap support, 100% Fibonacci extension, 78.6% Fibonacci retracement) where we might see a strong bounce above this level to our major resistance level at 14.80 (horizontal pullback resistance, 23.6% Fibonacci retracement). Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XAGUSDLong
by easyMarkets
XAGUSD appraoching resistance, potential drop!Price is approaching our first resistance at 14.87 (horizontal pullback resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 14.61 (horizontal swing low support). RSI is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XAGUSDShort
by easyMarkets