SIL: swing on Inside bars patterns before next up movementsSIL: swing on Inside bars patterns before next up movements
-Inside bars pattern.
-Demand zone support.
-Key level support.
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US STOCKS- WALL STREET DREAM- LET'S THE MARKET SPEAK!
XAGUSDG trade ideas
SILVER - HEAD AND SHOULDERSHello Traders !
On the daily time frame, the silver reached the resistance level (31.32550 - 31.54865)
The price formed a head and shoulders pattern.
Currently, the neckline is broken !
So, I expect a bearish move📉
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TARGET: 29.73000🎯
Possible XAGUSD Bearish MovePrice created a CHoCH to the sell side, liquidty in play, waiting for price to get the sell zone before entry.
Remember: Risk Management very important
Silver will retest 27-28$ supportit failed to make higher high
as long under 29.4 I will see it as bearish trend for now
same with gld I see silver retest 29.4 (lower support) but the risk here retest much lower support on 27 or 28$
Silver: Short Trade Idea (4-Hourly)Weekly Chart: Silver has been ranging for the last two months, consolidating between approximately $32 and $28. Last week's price action featured a top wick (rejection) and an inside close, suggesting bullish exhaustion.
Daily Chart: The last day's price action showed a lower low and lower close below $30.032, confirming a clear breakout of the daily range that further supports weekly bias indicating a potential move down to around $28.50.
4-Hour Chart: On the 4-hour chart, there is a succession of lower lows (LLs) and lower highs (LHs) suggesting a downward trend. We aim to see a pullback around $30.03/16 for a short position.
Sell Limit Entry: 30.03/16
Stop Loss: Above 30.27
Take Profit: 29.37, 28.75
Note: We are not rushing into a short position unless we get a pullback to a key level. If it doesn't come, that's fine — we'll find another opportunity.
Silver at its best level to buyNow hereit is, the great silver giving you atmost best opportunity to buy from these level and our target for long term is target 1 34 doller and target 2 is 48 doller till December 2024,there is no any critical news which is bringing down the commodities, these are only rumers due to election in US and only a squesing effect, both gold and silver are now giving opportunity, do not miss this
SILVER RUNNING PROFIT FOLLOW THE GOLDSILVER RUNNING PROFIT, GOLD IS SIBLINGS OF GOLD
*2 Days before I highlight Silver will follow the Gold, now Silver hit TP already with 150pips. Who follows??? Congrats....
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
XAGUSD Weekly timeframe Buy Bias on the Weekly timeframe , iam looking to enter my buy positions on the weekly / daily demand zone after the forced liqudation phase takes place
SILVER could reverse for a short term trade.Silver on 1h TF is in a support zone and there is bullish divergence forming so it could probably be a good long trade for a short term.
Added some Silver at 29.95Still viewing Silver as long term higher. Added to portfolio posn today at 29.95.
XAGUSDPair : XAGUSD ( Silver / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves
Break of Structure
Head and Patter as an Corrective Pattern in Short Time Frame
RSI - Divergence
Demand Zone
SILVER POTENTIAL BULLISH CONTINUATION OPPORTUNITYHello Everyone!
How are you all?
Silver is an instrument to watch this week, because it is shaping up very nicely for a bullish trend continuation that we can capitalize on.
So, I will be looking for a bullish continuation because of the following reasons:
1. The overall trend is bullish.
2. The price has broken out of the HTF structure and forming a continuation structure.
3. The price is approaching the value area.
Game Plan:
If the price comes to the VA, and rejects at that level or sweeps the Low, and makes a bullish impulse followed by a 15mins flag with two highs and lows.
Entry : will look for a risk buy entry within the flag or a reduced risk entry on the breakout of the flag.
SILVER Expected Growth! BUY!
My dear followers,
This is my opinion on the SILVER next move:
The asset is approaching an important pivot point 30.422
Bias - Bullish
Safe Stop Loss - 30.079
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 30.9039
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
Spot Silver Breaches SupportFollowing on from last week’s spot silver chart (XAG/USD), local trendline resistance, etched from the high of $32.51, stood its ground, eventually forcing the precious metal south of neighbouring support from $30.73 (now marked resistance) and longer-term trendline support (drawn from the low of $22.31).
You may also acknowledge that price action on the daily chart recently completed (just) a head and shoulders top pattern (blue arrows – head at $31.75).
Therefore, further selling in this market is possible, targeting support from $28.86. However, before sellers shift gears, a retest of resistance (and the breached trendline support) could materialise (black arrows).
XAG/USD Outlook ICT ConceptsXAG/USD Analysis
💰 Welcome to Your Channel!
Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on XAG/USD , dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains.
🔍 Identifying Key Levels
The chart highlights several significant levels and zones that influence the current market behavior:
• PMH (Previous Month High): A significant resistance level that has been swept.
• PWH (Previous Week High): Another key resistance level.
• PWL (Previous Week Low): A critical support level that has been swept.
• Daily FVG (Fair Value Gap): Indicates a zone of potential retracement or continuation.
• BSL (Buy-Side Liquidity): Above the local highs, indicating a potential target for liquidity sweep.
• EQH (Equal Highs): Above which lies potential buy-side liquidity.
📊 Key Considerations
• Price Swept Previous Month High (PMH): Price took out the previous month's high, indicating a potential liquidity grab and subsequent expansion lower.
• Price Swept Previous Week Low (PWL): Price recently took out the previous week's low, indicating a potential liquidity grab and a reaction point.
• Fair Value Gap (FVG): Price is reacting to the Daily FVG zone, suggesting a potential area for retracement or continuation higher.
📈 Bullish Scenario
• Sweep of Previous Week Low (PWL): The recent sweep of the previous week low (PWL) indicates a potential bullish reversal.
• Reaction to Daily FVG: Price is currently reacting to the Daily Fair Value Gap (FVG), indicating potential for a retracement higher.
• Targeting BSL and Higher Levels: The bullish scenario involves a move higher, targeting the buy-side liquidity (BSL) levels above the local highs and potentially the previous week high (PWH).
📉 Bearish Scenario
• Expansion Lower After PMH Sweep: The expansion lower after sweeping the previous month high (PMH) suggests bearish pressure.
• Failure to Hold Daily FVG: If price fails to hold within the Daily FVG, we could see further downside movement.
• Targeting Lower Support Levels: The bearish targets include previous sell-side liquidity (SSL) levels and potentially the lower support levels marked out on the chart.
📊 Chart Analysis Summary
The XAG/USD chart indicates a potential bullish move following the sweep of the previous week low (PWL) and the reaction to the Daily Fair Value Gap (FVG). The bullish scenario targets buy-side liquidity (BSL) levels and potentially the previous week high (PWH). However, if the Daily FVG fails to hold, a bearish scenario could unfold, targeting lower support levels and sell-side liquidity. Confirmation on lower time frames will be essential for validating the setups in both scenarios.
🙏 Thank you for joining us!
Exploring XAG/USD today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning!
⚠️ Disclaimer
The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
Bearish DropXAG/USD is rising towards the resistance zone which price has been respecting multiple times in the past and could drop from this level to the downside.
