Get started

Xagusdshort

(30m) Structure Breakout / Bullish Shark & Remote H&S (a vision)FX:XAGUSD Obviously a little early for the H&S, but something pulls me to this trade setup, and we just need to wait. (no hurry) In the meantime, the upward structure was broken, apparently to enter in a corrective movement for a coffee break for the bulls. *I will be looking to the neck of this eventual structure, and if it is forged, i can place an pending order below it. For this corrective structure, we can expect something like a basic ABC correction or AB=CD pattern between 50% and 61.8% retracement and a Bullish Shark that can complete between the 161% <> 224% extension. Safe Trades;
FX:XAGUSDShort
by Andre_Cardoso
1
SILVER SHORTXAGUSD is expected to sink now. There are many reason why we feel it may sink. 01. It has not sustained quarterly buy level. 02. Pinball in daily Chart. 03. To sink and come near quarterly sell level of 14.12 04. Stoch RSI (3,3,14,Close) clearly states it may sink. 05. RSI(14,CLOSE) Is also of the same view. 06. CCI(20,CLOSE) Is also sinking. Keeping all the above indicators in view along with the chart pattern we expect it to sink. Our sell call shall be from Short below 15.56 SL@: 16.77 Tgt 01: 15.44 Tgt 02: 14.52 Tgt 03: 14.12. We are expecting this to happen shortly. Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
FX:XAGUSDShort
by ajithchand-bhandaari
Don't buy her that silver bracelet! Time to get short! Let's make a case for getting short here with Silver/Dollar on based on the techicals. Like most 60 minute traders, I use a 4 hour high time frame for the support/resistance lines to be drawn. We see a Gartley pattern completion nearing the 14.00 even handle which has acted as previous structure in the past. There's also a 1 to 1 measured move completing in this same area. What more could you ask for? Keep your eyeballs on your preferred Oscillator, because my RSI looks to be heading oversold by the time that price action reaches that same area. As it stands right now, we have a decent combined technical score. AB=CD pattern - 2 points Gartley pattern completion - 3 points Major structure - 2 points Ratio confirmation - 1 point (we have the .382 retrace lining up in the killzone of the larger leg. This is a combined technical score of 8. Not too shabby. BEARISH GARTLEY PATTERN at 14.00 Stops are at 14.090 (the 1.13 Fib inversion of out X to A leg) Target 1 13.913 (the .382 fib of the A to D leg) Target 2 13.855 (the .618 fib of the A to D leg)
FX:XAGUSDShort
by BennyManieri