SILVER 5good job..
Move our stop below wave 2
or risk free your position
And close half of our position
XAGUSD trade ideas
SILVER 4dear friends
Today, US inflation data came out higher than expected, reducing traders' expectations for an interest rate cut by the Federal Reserve.
we are in a complex correction in silver we have clear levels for trade .
its may be take times to see a strong bullish wave but it will happening soon in my opinion.
Follow your capital management and stick to your trading system.
SILVER 3complex correction WXY formed.
every things is clear .can make a trade with or without confirmation.
SILVER 2Regarding to last post about silver 1 impulse wave has been completed with perfect structure
now we can make long position in price correction , with or without confirmation its depend on your money management system.
every thing is clear in chart . levels for entry - stop loss level - target .
SILVERdear friends
first impulse waves is completed with perfect structure this movement is belong to higher time frim but we analysis it at 1-2h time frim i ll tell you why in my next post. we don't know where is end of wave 5 but we can guess. according to Elliot waves rules level 2 or 2.618 . move your stop below wave 4 for minimize your losses or take you profit around these area .
SILVER Elwavesas you can see we have correction in silver main correction is for higher time firm but in h1 we can see correction structure very clean . for now we have a perfect impulse wave in h1 we can join to long trade after first correction .
Amir.Elwaves
SILVER: Expecting Bearish Movement! Here is Why:
Balance of buyers and sellers on the SILVER pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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Silver forecast ... 10.04.2021Silver (XAG/USD) is looking for direction near recent highs. precious metals supported by geopolitical concerns. Resistance at $32.30 is closing the path towards the $32.65 high. Supports at $31.40 and $30.95.
XAGUSD - Time for breakout or Crash.In this meaning full time of Geopolitics that impacting world market,silver is steady on the basis of China's pbocs huge stimulus package n bullions uninterrupted buying surge by all central banks(gold) while industrial metals never been that far to reach at top.
So,here is the deal.
New quarter opened,gold n silver r pointing north but exhausted n hitting last wall of resistance here.but here's the point, technical correction required to carry that buying spree,so if evening data's supports here,we might seen another big rally towards north in both precious metals, silver buy will make a new high or else,we will see a bloodbath...
So best wishes n good luck traders.
Silver update Silver is trying to push but not harder I hope you are making good profits with patience,those who took advantage of it can secure some n lock some n hold.
SILVER - Short Term Bullish move underwaySilver has broken out from descending parallel channel. We have Awesome Oscillator making bullish divergence and histogram bar moving into positive territory. Based on these confluences, we should predict short term bull run.
SILVER: Local Correction Ahead! Buy!
Welcome to our daily SILVER prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 31.76963$
Wish you good luck in trading to you all!
Trade idea - XAGUSD Long4H
Corrective approach towards entry zone.
= Buy limit.
1.5% risk.
1H
Corrective approach more clear from 1H perspective.
Silver Analysis for 3rd October This is a place where you can identify the possible movement in mentioned session. Entry activated only when a candle closes above or below the drawn level, And the next candle creates a wick down(for up movement) or up(for down movement) and breaks the candle high or low.
When entry is activated SL will be below or above the 30 minute candle.
Short SilverThis is a pure technical play.
This is based on the railroad track pattern where one candle goes up aggressively followed by another candle closing down aggresively.
Target is the start of this aggresive up move.
BOS - Break of StructureBOS means Break of Structure . It happens when the price of an asset (like a stock or currency) breaks past a key support or resistance level, indicating a potential change in the market direction.
Key points:
Uptrend BOS: If the price breaks above a recent high, it could mean the start of an upward trend.
Downtrend BOS: If the price breaks below a recent low, it may signal the beginning of a downward trend.
Traders use BOS to spot potential trend changes and decide when to buy or sell.
CHoCH signalsa Change of Character (CHoCH) signals a potential shift in market dynamics, often indicating a reversal from the prevailing trend. This concept is particularly valuable as it helps traders discern when the momentum is shifting, offering a strategic point to consider adjusting their positions.
SILVER: Bears Will Push Lower
The price of SILVER will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair.
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SILVER: Market Is Looking Down! Sell!
Welcome to our daily SILVER prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 31.59757$
Wish you good luck in trading to you all!
Silver H4 | Potential bullish reversalSilver (XAG/USD) is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 31.05 which is a multi-swing-low support.
Stop loss is at 30.64 which is a level that lies underneath the 78.6% Fibonacci retracement level.
Take profit is at 31.79 which is a multi-swing-high resistance that aligns with the 50.0% Fibonacci retracement level.
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XAGUSD - Bullish BreakoutSilver has been in a bullish run same as gold. The retracement serves as a good discount to join in with the rest of the buyers. The trendline breakout to the upside serves as confluence that the retracement is now over. A 1:3 risk to reward ratio is perfect for the trade
Brothers, did you follow the silver wave last night?Silver 15-minute chart wave count: After the blue second wave correction ended last night, the blue third wave started, the sub-wave purple first wave came out, the yellow small five wave rose, and the purple second wave corrected three waves. Ending, now entering a bullish purple third wave.
