QI1! trade ideas
SI1! (Silver Futures) SHORT to $18.50In a few days COMEX:SI1! will probably break down MA 200 on 1W and go down to first $18.50 price target in its long way to $13-$16.
Technically Silver Futures finishes C wave in its big correction move.
The Silver BearI am seeing an uptrend on the smaller timeframe and the bulls have the smaller timeframe in their grasp. Which means the bears will lose their long time grip over the metals market. i say metals market because I'm not going to analyze all the metals out there just so y'all can gain more info as well as add on to your confidence in make this move..... i think is sudden rise in metals prices is due to multiple reasons some being the inflating United States Dollar, or the wars that are going on as well as preparations for them wars are not cheap they are expensive, plus we are heading into the festive season which means things like gold and silver will go up in price because there is more demand.
Micro Silver Short4 hour TrendCloud Crossover to the downside
1 hour TrendCloud downtrend
with CCI below -200
15 min supply zone
Best to take a 2:1 target on this at the previous days low because we are in a 4 hour demand zone :)
silver momentum levelsThe weekly momentum on #silver is telling my that silver will have an initial breakout at 5% from the current weekly MA36 (around $24.50), but the big move happens after $26.67.
silver is ready to reach 2k or3k points in a short term trend silver is going to reach 72800 to 74850 in short period of time...trying to break previously long bearish wick ....
Again Silver will go higher accumulate at this level On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Five Wave Up? After Three Waves Corrective!Greetings, dear friends. I hope you are having a productive week.
I want to share my market analysis ideas based on the Elliott Wave Principle with you.
I am a fan of this principle and follow all the rules and guidelines for analyzing the market.
However, please note that my ideas are based on my personal experience and may change over time.
If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes.
It's important to understand that making an error in analysis is not a fault, but evading responsibility is.
No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get.
We analyze from multiple perspectives to consider all possibilities.
Let's mention a few opinions and ideas!
Based on mathematics.
I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future.
Thank you for your continued support, and I look forward to our mutual success.
Best regards,
Mr. Nobody
Keep trying and never give up.
Good luck!
Be careful about fighting price action10 16.23 8 am I have been spending a lot of time looking at gaps and the failure of markets to read test gaps. I looked at three markets that could be problematic if you're not careful and you decide to take a trade today: Oil Silver And gold. I look for markets to retest breakouts which are a great way to enter a market when they correct lower. When markets reach a high point on a swing going in one direction.... I look to be a seller... although this is a little more challenging strategy that I talk about all the time. There were opening price trades to go Short in oil, Silver, and gold.... And I think this is a mistake. And these markets could go lower.. but I don't think the market shows that and I don't think it's worth the risk... so I'd rather just lose the opportunity then take the risk.
Silver current situationSilver after getting lifted by geopolitical tension, arose to 72000,now if it release some air, it might go below here. Keep watching cautiously for any new outcome.
DeGRAM | Silver short from kill zoneSilver is approaching the resistance level and the 50% fibo level.
The market is in a bearish trend; it's making lower lows. Price dropped from this level.
We anticipate a short-term trade from the kill zone.
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Silver to 21.650$Silver is going to test 21.650$ level by the end of the week.
Follow To Get More Signals
#Silverm making bat pattern#silverm is making harmonics bat pattern
The pattern will be confirmed perfectly only after touching 69525
If the prices breaks 70000 , pattern will be failed and cannot make any position
Also the silverm breakdown the trend as shown in the chart
If its makes perfect
The entry will be @ 69525
Sl @ 69370
Target @ 69790
# educational purposes only
Silver: Converting resistance to supportSilver's next hurdle is the 24-25$ area.
But after that, a run on the famed 28$ "wall" should be expected.
Now, that will be a breakout for the ages!
#silver #gold #inflation #recession #recovery
Silver part 210.9.23 This is part two of silver. you should listen to part one first because I couldn't make a trade decision in part 1 and I needed to wait for the next 4-Hour bar which would occur in 30 minutes. I explained why this is important and it essentially amounts to needing one bar to close and no that in this case Not only did that bar trade below the support but it even closed above its low and the current bar in a very short. Of time shows you a two-bar reversal that the market should go higher..... but I needed the first bar on the first video to close. And I had an idea that probably I would find my trade on the next 4 hour bar... but I wasn't 100% certain it would go higher.... relative to Friday that had a fabulous range... today it's a less volatile market and less directional... so I would never be as certain with this overall pattern as I would be in a market that's way oversold or overbought..... this is more pattern like Behavior and there's a battle at a 382 in a market that really isn't that bullish or bearish. Sometimes you have to wait for the market to do something...Before you see the Probability that the market will do something in the direction that you're looking for. Within a very short time after the open of the next bar the market moved up about $950. if you're careful you can scalp markets like this. that may or may not work for you..... on the other hand if you look at markets like this you might make decisions to not take a trade and that keeps you from making a bad trade decision. when the market opened and started going higher after the previous video I knew that if I took a long trade that I could use the support area as my stop when I didn't know that on the previous bar...
Silver10.9.23 9:30 am The silver gapped open on its opening price and then it eventually went lower by 382 which formed a potential support. the concern as a buyer Is that the market is not quite showing you a two-bar reversal higher... but it's close. In addition it doesn't take much for the market to show you a two-bar reversal that suggests that the market is going to break below the 382 and be a short trade. In the meantime the markets really not going anywhere at this time. and it's basically showing small bars retesting miter gaps higher and lower. What makes the long trade more attractive is that there was a very nice swing from the support on Friday and the market gaps a little bit higher on the open with a minor 382 correction and if this 382 holds we can see this market go significantly higher. On the other hand It doesn't take much for the market to have a two-bar reversal going lower and there's not a lot of supporting structure so the market could go significantly lower. It's a tough trade to take here... I'm guessing that the next 30 or so minutes will bring some clarity and possibly a trade decision. The video was an explanation of how I would use the terms Gaps and retest of gaps. It doesn't take me 8 minutes to do a video to see the gaps... I just have to spend a moment or two to look at what the market's doing... and I see gap retests With the market did for the moment has very shallow range. If I don't do this kind of thinking it is my belief that I'm going to still have a point of view and it may be more influenced by the impulse to want to take a trade because time is money and no trade means no money and I am a recovering impulse trader with bad trade decisions and a painful record of stops.
5 Steps:The Silver Contract All COMEX Is Talking About#1-The Silver Way To Profit
Silver price has shown a spike today on Monday as i woke up to check out the chart in the morning.
#2-There's Big Money In Silver
Silver is a good opportunity for you especially if you are trying to learn about trading without taking much risk.
#3-Turn Your Silver Into A Money Making Machine
The good thing about buying physical silver is that you don't need margin to hold your position in it.
#4-Want To Be A Silver Bug?
Again being a silver bug is very simple - right now the bear market is very terrible and the panic that is in the markets is evidence as to why many investors are seeking a safe heaven asset.
#5-Hidden Silver In Your Portfolio
This is the most secure investment you can hold for yourself and your loved ones, a future inheritance
Disclaimer:This is not financial advice do your own research before you trade
DeGRAM | SILVER longSilver price went down and tested a major support zone.
Price action is likely to consolidate at that level.
The market reached the demand zone, where the price made a sharp bullish move.
Price action created an engulfing candle at the support level, an indication of potential upward momentum.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Silver ready for upside move On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Sell silverNote the levels #silver
Sell silver at the level
According to my analysis silver to be sell as per my chatings
SILVER Silver clearly showing downtrend further support may be looked at 69700 @ 200EMA:<If it contiounsly fall down , we could expect retreat at 67700 @ 0.61 FIB.
BEST BUYING LEVELS FOR SILVER IS 64000 TO 65000. TARGET - 79000 TO 82000
Monthly Silver chart might bounce off of trend lineSilver has sold off aggressively the last few days. You can see that the price is now right near an ascending trend line. If this trend line holds, then we can expect a bouce upward soon.
The trend line is not quite touched. Maybe price will drop a further 50 cents or dollar to touch it?
Silver Monthly Candle Forms a Pinbar (Hammer)August's silver monthly candle completed as a pinbar. This "hammer" gets triggered as a buy signal only if the price moves ABOVE the top of the pinbar by a few cents, or around 25.50 for the December contract. Some traders may buy early by going to the lower time frames of daily or 4 hours and looking for a buy entry midpoint between the close and the bottom which would be around 23.60. (Still, the trade is only considered a buy if the price hits around 25.50!)
Please see my previous idea about what I think is an inverted head and shoulders on the silver weekly chart. A weekly close above around $26 could send silver to $34 or higher.
Sometimes silver does lead gold, so if this trade is triggered expect gold to head higher also even if it is lagging at the time.
