Silver formed a big bearish pin bar from key resistance level. Entry on the 50% retracement of the pin bar (if price gets there). Take profit at 2R.
Price tried to break the 100MA but failed to go higher. Stop loss: 81.713 Take profit: 81.059 Break even at: 81.278 Setup probability: 45-50% Status: closed (-1R)
Price broke the 100MA but failed to continue higher. Stop loss: 0.74829 Take profit: 0.74094 Break even at: 0.74340 Setup probability: 45-50% Status: closed (B.E.)
Price tried to break the 200MA but failed to continue lower and is showing rejection of lower prices. Retest of 100MA possible. Stop loss: 2.05613 Take profit: 2.07545 Break even at: 2.06908 Setup probability: 45-50% Status: closed (B.E.)
Entry on the 50% retracement of the pin bar. Reason: - Bullish trend - Price action signal (big and protruding from previous bars) - Support key level Looking for 2R, moving to break even once price reached 90% of target price.
Price tried to go lower past the 200MA but bounced back above. Stop loss could be a bit too small because on 4H chart a pin bar formed and price likes to retrace to the 50% level… Stop loss: 1.95688 Take profit: 1.96702 Break even at: 1.96369 Status: closed (-1R)
Price broke the 100 and 200 MA but failed to continue higher. Stop loss: 2.97956 Take profit: 2.95156 Break even at: 2.96088 Setup probability: 45-50% Status: closed (B.E.)
Price tested and bounced off the 100MA several time but in the end failed to move higher. Stop loss: 2.32507 Take profit: 2.31011 Break even at: 2.31513 Setup probability: 45-50% Status: closed (-1R)
Price tried to stay above the 100 hourly simple moving average with multiple tests and rejections but then failed and broke to the downside. Stop loss: 1.65065 Take profit: 1.63985 Break even at: 1.64346 Setup probability: 45-50% Status: closed (B.E.)
Price broke the 100MA and then tested the 200MA showing signs of rejection but failed to continue lower. Finally, after some resistance, price broke the 200MA leaving some room for more upside potential. Stop loss: 0.70966 Take profit: 0.71406 Break even at: 0.71260 Setup probability: 45-50% Status: closed (-1R)
Price broke the 200MA but failed to continue lower. Stop loss: 2.98076 Take profit: 3.02463 Break even at: 3.00996 Setup probability: 45-50% Status: closed (-1R)
Price tried to reject the 100 and 200 MA several times but failed to go lower and finally broke the 100MA to the upside. Stop loss: 2.04294 Take profit: 2.05396 Break even at: 2.05029 Setup probability: 45-50% Status: closed (+2R)
Price broke above the 100MA but failed to go higher. Stop loss: 94.425 Take profit: 93.799 Break even at: 94.008 Setup probability: 45-50% Status: closed (+2R)
Price fell below the 200 and the 100 hourly simple moving averages after a false break. Stop loss: 123.194 Take profit: 122.394 Break even at: 122.661 Setup probability: 45-50% Status: closed (-1R)
Price rejected the 200 hourly simple moving average. Stop loss: 1.23433 Take profit: 1.11159 Break even at: 1.11584 Setup probability: 45-50% Status: closed (+2R)
Price rejected the 100 and 200 hourly simple moving average. Stop loss: 1.04478 Take profit: 1.03591 Break even at: 1.03887 Setup probability: 45-50% Status: closed (-1R)
Price bounced off the 100 hourly simple moving average. Stop loss: 2.98842 Take profit: 3.01651 Break even at: 3.00717 Setup probability: 45-50% Status: closed (-1R)
Price bounced off the 200 hourly simple moving average. Stop loss: 1.46332 Take profit: 1.47357 Break even at: 1.47018 Setup probability: 45-50% Status: closed (-1R)