Xagusdtrade
XAGUSD is about to complete pattern or bulltrap??After checked multiple timeframes, pivote zones and checking liquidity in chart I'm still not very sure if XAG will start bullish trend or can be just a bulltrap to complete just 5th Elliot wave. Even that will publish this idea as LONG for the time being.
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.
Silver bearishprice touch top of descending channel +0.61 fibo + ema 200 good confirmation after close bearish 1H candle
SILVER bullish outlookSILVER managed to break through its consolidation, which formed a triangle pattern on the daily graph, and now is heading for a price increase. Both indicators, MACD and RSI, are also confirming the bullish pattern.
If this pattern continues, XAGUSD will probably test its previous high around 26.10 In the opposite scenario, the price might test its previous low at 20.58
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Trading opportunity in XAGUSDBased on technical factors there is a long position in :
📊 XAGUSD
🔵 Long Now 21.75
🧯 Stop loss 21.10
🏹 Target 1 22.22
🏹 Target 2 23.75
💸Capital : 1%
We hope it is profitable for you ❤️
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Silver- False break of support?Since August last year, Silver is trading, more or less, in a range and, excepting, March and April's false break of resistance, the boundaries are pretty clear at 22 and 25.
Last week the price has broken under 22 support, but, considering the quick reversal and retest of now resistance, this can be a false break.
The confirmation comes with the price back above 22 and bulls can target 24 resistance. 23.30 is interim resistance and, as long as the recent low is in place, buy dips can be a good strategy.
Silver could reverse from supportSince the 18th Aprile Silver's price has dropped almost in a straight line with a single significant green candle on the 4th of May.
Now the price is trading in the important 22 support zone and we can have a reversal at this point
The first resistance is just above 23 followed by important 24.
Buy dips under 22 can be a good strategy with negation if support falls.
XAG LONGS ACTIVE 📉📉📉Expecting bullish price action on SILVER as price takes out 25.00$ liquidity area below the sell side liquidity. Price is also in a bullish orderblock area on the D1 timeframe and from there we could expect higher price.
What do you think ? Comment below..
XAG/SILVER LONGS📉📉📉📉 Expecting bullish price action on SILVER, i think we will see buy side liquidity area being taken out as we see a MONEY FLOW into the commodities 27.00$ price area. We also had a bullish bos which confirms the bullish strucutre.
What do you think ? Comment below..
XAG/SILVER SHORTS 📉📉📉📉 Expecting bearish price action on XAG/SILVER as price filled the H4 imbalnce + rejection on the bearish orderblock area on the H4. Price also takes out buy side liquidity above the old high + weekly highs and from there we can expect a selloff on this chart right into the weekly lows 24.18
What do you think ? Comment below..
Good Morning everyone, XAG WILL GO SHORT SOON XAG was on an uptrend from February 7 until mars 9 and it shows a reversal in mars 10 with a respectable long bearish candle, but after it started bouncing on and off the 24.00000 and 25.80000 level for quite a while what made the head and shoulders pattern a little bit of but with that trend reversal and the high volume resistance level at 25.04586 it will differently go short
for me I am waiting for the price to hit the high volume level that we talked about ( the line in purple ) then I will place a sell order
please do not trade 100% based on my technical analysis or my ideas do your technical analysis first OANDA:XAGUSD
have a great day everyone :)
XAGUSD Short with 3 listed confluencesList of confluences:
1: Head and Shoulders
2: Trendline Breakout
3: Key level break and retest
RR for this particular trade currently stands at 4.9x to 1.
XAGUSD Trading IdeaXAGUSD Trading Idea
Long has two potential targets
Target #2
Entry : 25.219
Stop Loss: 24.890
Target: 26.300
1:3.3R
Silver can reach 28 in medium termLike its bigger brother, Silver is also strongly bullish and from my last suggestion to buy dips around 25 is up to 1k pips.
Also, it has risen so much I think there is much more in cards for XagUsd and it can reach 28 easily in the medium term.
So going forward traders should look to buy dips and an ideal place for this can be the 25-40-25-50 zone
A drop under 25 negates this scenario
SILVERThis area is really important for silver. there is double bottom and the channel show show us target. before that probably it will have a another correction to get power for break out.
silver Silver ( XAGUSD ) is still in the sideways move since mid-2021 ,Silver is trying hard every time to penetrate the resistance levels especially the 50 EMA line
Today the Silver (XAGUSD) is trying to close above the 50 EMA line for the first time in February . if the Silver ( XAGUSD ) can close above the 23.08 level it will be a buy signal and the next resistance levels will be 23.6 and 24.44 which is the main short term resistance level (200MA blue line).
Silver- Good sell from resistanceLast week, after touching 22 support, Silver has started to rise and now is approaching an important resistance zone.
I favor short trades from this resistance for a new visit of support.
A daily close above would negate this scenario
XAGUSD (SILVER) XAGUSD (SILVER) is trading in a bullish trend.
Current price action suggests it has taken good correction and standing at good support zone.
The importance of this support zone also confirm through fib levels.
Trade your levels accordingly.
Silver (XAGUSD) SetupSilver (XAGUSD) is all ready to break the overhead resistance area. It has already tested the falling resistance area and likely to break this time.
We are expecting a little correction from here but mind you this will only be a buying on dip opportunity as it will break the resistance on next go.
Trade your levels accordingly.
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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.
