XAGUSD LONG Hello Traders,
As shown in the chart silver it loves the triangle , you can see in the chart many triangles, which in the case of breaking silver exploded up.
enjoy.
Xagusdsignals
SILVER Buy Signal (lower)Pattern: 1D Bullish Channel supported on Higher Lows.
Signal: Bullish once the price breaks the 1D MA50 and reverses. This is a standard sequence on every Silver uptrend (see the chart below). The ideal long term Buy Zone is within 16.625 - 17.365.
Target: Initial target 19.500. Extension much higher, updates will follow.
SILVER Long term Buy PlanPattern: 1D Channel Up.
Signal: Bullish as the price is on the way to the next Higher High on the 1W Resistance.
Target: 18.200 and 18.800 in extension for the next Higher High if the pattern (-2.50% Support) holds.
XAGUSD - SELL (Short) Trading Signal - IntradayI caught the bullish rally, even continued it after.
Bottom call:
Continuation:
Now I'm turning bearish on XAGUSD.
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XAGUSD - SELL (Short) Trading Signal - Intraday
Entry @ Market Price (approx. 17.30)
SL @ 17.65
TP @ 16.80 / 16.50 / 16.15 / 15.80 / 15.50 / 15.25 / 15.00
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As always,
Many pips ahead!
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SILVER Buy SignalPattern: Channel Up on 1D.
Signal: Bullish as the price broke the 1D Resistance.
Target: 17.250 (just below the 1W Resistance).
SILVER Sell SignalPattern: Ascending Triangle on 4H.
Signal: Bearish after the 1D Resistance is being tested for the 3rd time (possibility for a Triple Top).
Target: The 4H Support levels (14.900, 14.760, 14.630).
SILVER Two Sell TargetsPattern: Channel Down on 1D.
Signal: Bearish as long as the Lower High sequence holds.
Target: 14.400 and if the price bounces back to the resistance then aim at 14.250.
SILVER Buy SignalPattern: Channel Down on 1D.
Signal: Bullish as the inner Lower Low trend line has been touched.
Target: 14.900 (estimated Lower High).
SILVER Trade the break outPattern: Falling Wedge on 1D.
Signal: Bearish if the pattern breaks downwards, bullish if the pattern breaks upwards.
Target: 14.500 is it breaks downwards, 15.350 if it breaks upwards.
SILVER Buy SignalPattern: Ascending Triangle on 4H.
Signal: Bullish after a Low was made.
Target: 15.5000 (the 1D Resistance).
