SIL1! trade ideas
Silver is not afraid of rebounding and continues to fall
In the journey of life, you always have a part of the way that you need to walk and carry by yourself. Don't feel afraid or lonely. This is just the price of your growth.
Although the rebound of silver within the day was close to the previous rebound high, the bears did not give too many opportunities to rise. At present, the bearish trend is expected to form again. It is expected that silver will usher in another decline in the evening. For silver operation, it is recommended to sell at 24.13, risk control at 24.29, and the target is 23.70~23.35.
The silver daily line continues to close in the negative, but it may not go down again until it fluctuates around the short-term support around 23.70. The intraday pressure is 24.13~24.25, and the support is at 23.70~23.35.
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Silver: Let the show begin…! 🎪Ladies and Gentlemen, step right up and let the show begin! Please welcome silver, our brilliant artistic performer, in the arena that is our chart… See next: a somersault into the orange zone between $24.45 and $25.05 to finish wave iv in orange, followed by a brave downwards leap to complete wave v in orange as well as wave (a) in blue. Watch with bated breath as silver then spirals upwards again, stopped only by the mark at $25.41, where it should rebound and glide further downwards. There is a 30% chance, though, that silver could gain too much upwards momentum and thus soar above the mark at $25.41. In that case, we would expect it to reach a new high in the form of wave alt.x in magenta first before turning downwards again.
Potential Double Top Forming on SI Daily ChartSilver touching major resistance area and potentially forming a double top if it can't break above 26.50.
I also noticed a double bottom that's playing out on the 15 minute chart that I missed while being away.
Could go either way, but I think fundamentals support bulls.
Silver Pulling BackNot perfect, but big shooting star on SI daily chart along with break below the 50EMA on the 4 hour chart makes me think Silver may pullback to major support from 24.00-24.60 before shooting back up. Could the star really be the 2nd top of a double-top? Time will tell. Holding steady for now.
Bullish on silverplease take a note that you can little by little close your shorts on gold and silver and prepare for long ......
you see big bullish pattern on silver ......
Go long on Gold
Go long on silver you see maybe we encouunter recession in six month ahead , then dont expect silver outperform gold any way .
Short SilverThe price breaks out on range on daily chart. Additionally, the resistance trend line (weekly chart) holds. --> double Bearish signal
COT index bearish and from the week after this week bearish saisonality.
A daily close below 22.20 would be additional sign of weakness
SL: 24.75 (above high of range)
Target: ~18.50 (previous tripple bottom)
RR: ~1.8
Manage your risk and take your own decisions.
Silver oscillates to repair, or rises and falls
The departure of leaves is not the pursuit of the wind, nor the tree's non-retention, but the arrangement of fate, natural choice, flowers bloom and fall, reincarnation of heaven, what should come will come, what should go will go, sometimes leaving is not enough Means the end, but another kind of beginning.
Silver has also entered a short-term repair and shock market, and is currently in a small rebound in the shock, so wait for more orders to intervene after stepping back at night. For silver operation, it is recommended to buy at 25.0, risk control at 24.85, and target at 25.40~25.55.
Silver is currently rebounding again or testing the top of the range. The intraday pressure is 25.40~25.55, and the support is at 25.0~24.85.
The trend is still floating within my analysis, hello traders, please continue to pay attention to my analysis, I wish you a happy life
DeGRAM | SILVER buy pullbackSilver pulled back against the bullish trend.
Price is trading in the ascending channel, and it made a higher high.
We expect a breakout of the trendline and then a further bullish move to retest the resistance.
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Strong bullish market in silver!!!!??????Hello friends and good night
I hope you had a great week and thank you for your support
Analysis of silver = dollar
The beginning of the silver market trend from the price of 17.400, which is an impulse or diagonal or multiple zigzag pattern that can form wave one.
Wave 2 is also a sharp double zigzag pattern that usually occurs at the beginning of an uptrend
If the strength of the bullish market is high, we will definitely see a shallow correction and a strong rise
But if we see two complete cycles of one and two (black color) and one and two (purple color), a little higher than the previous level of 24.780 and then a correction up to 50%, finally 60% or this may be a shallower correction.
Finally, following the third wave exactly like the larger degree cycle, it happened on March 2020 until February 2021, at which time 1.2 and 1.2 will appear and then the third wave will appear.
Good luck ! be happy ! And be patient in your dealings.
Buy = down
Sales = high