This is my long term view of silver, I think now is a good time to buy, with a stop loss below the last low (around 18) aiming for 30. After that I think price will continue dropping to finish a deep correction!.
IDEA IS BASED ON A COMBINATION OF ELLIOT WAVE THEORY, MEDIAN LINE ANALYSIS AND THE APPLICATION OF FIBONACCI NUMBERS. THE RATIONALE BEHIND THIS TECHNICAL ANALYSIS IS SHOWN ON THE CHART. IF YOU ARE ABOUT TO COPY THIS SETUP WITH YOUR TRADE, PLEASE DO SO AT YOUR OWN RISK. THIS IDEA IS MERELY A REFLECTION OF MY THOUGHTS REGARDING PRICE ACTION MOVEMENT. GOOD LUCK
In my last idea I seem to have identified the wrong wave 1....That is why price reached my stop loss and started reversing. This time the reversal is clean and evident. This pair is going up big time!!!
IDEA IS BASED ON A COMBINATION OF ELLIOT WAVE THEORY AND MEDIAN LINE ANALYSIS. THE RATIONALE BEHIND THIS TECHNICAL ANALYSIS IS SHOWN ON THE CHART WITH SPECIFIC TARGET AND STOP LOSS. THIS IDEA IS NOT MEANT AS A TRADING ADVICE, IF YOU COPY MY SETUP PLEASE DO SO ON YOUR OWN RESPONSIBILITY.
IDEA IS BASED ON A COMBINATION OF ELLIOT WAVE THEORY AND MEDIAN LINE ANALYSIS WITH THE APPLICATION OF FIBONACCI EXTENSIONS. THE RATIONALE BEHIND THIS TECHNICAL ANALYSIS IS SHOWN ON THE CHART WITH SPECIFIC TARGETS GIVEN. THIS IDEA IS NOT MEANT AS A TRADING ADVICE, IF YOU COPY MY SETUP PLEASE DO SO ON YOUR OWN RESPONSIBILITY. GOOD LUCK
Idea is based on a combination of Elliot wave theory and median line analysis. The Rationale behind this technical analysis is shown on the chart. Unfortunately due to the dynamic nature of my targets I can give you specific short target or stop losses. Good luck
IDEA IS BASED ON A COMBINATION OF ELLIOT WAVE THEORY, MEDIAN LINE ANALYSIS AND FIBONACCI EXTENSIONS. THE RATIONALE BEHIND THIS TECHNICAL ANALYSIS IS SHOWN ON THE CHART ALONG WITH SPECIFIC TARGETS. GOOD LUCK
Idea is based on a combination of Elliot Wave Theory and median line analysis. The rationale behind this technical analysis is shown on the chart along with specific targets and stop loss. Unfortunately due to the dynamic nature of my entry point, for the short setup, I can not give you an exact stop loss. Good Luck guys.
Idea is based on a combination of Elliot wave theory and median line analysis. The rationale behind this technical analysis is shown on the chart along with specific target and stop loss.
Idea is based on a combination of Elliot wave, Median Line analysis and Fibonacci extensions. The rationale behind this technical analysis is shown on the chart. In this particular case unfortunately I can not tell you where my stop losses are going to be since I have dynamic targets (and thus stop losses). If you understand my approach then it shouldn't be that...
Idea is based on a combination of Elliot Wave, Fibonacci extensions and median line analysis. The rationale behind this technical analysis is shown on the chart along with specific targets and stop losses. Good luck guys!.
Idea is based on a combination of Elliot Wave theory and median line analysis. The rationale behind this technical analysis is shown on the chart along with specific targets and stop loss.
Based On: Structure, Fibonacci levels, Channel, Stochastics, RSI, Momentum.. IF EUR/USD Reaches 1.3648. Economic Calendar events will effect this heavily, i am looking forward to a volatile day (TODAY:EUR Interest Rate, Decision, ECB Press Conference, US Nonfarm Payrolls, US Unemployment Rate, ISM Non-Manufacturing PMI ) If these events will be positive...
Based on Structure's and Fibonacci confluence, channel,... If ADP Nonfarm Employment Change is better than expected and if Fed Chair Yellen Speach drives the pair up it could soon reach 0.89048 if these things don't drive up USDCHF it could still reach 0.89048 and then there would be a shorting opportunity. Then ==> I will open a short position...
Idea is based on a combination of ElliotWave theory and median line analysis. Fibonacci extensions are used for target placement. The rationale behind the technical analysis is shown on the chart along with specific targets and stop loss. Good Luck
Idea is based on a combination of Elliot Wave theory and median line analysis. In addition Fibonacci extensions are used for target placement. The chart contains the rationale behind this technical analysis along with specific targets and stop loss. Good luck
Idea is based on a combination of Elliot wave theory and median line analysis. In addition the application of Fibonacci extensions and retracements is used. This idea is not meant as a trading advice (none of my idea's is) but rather as a refelection of my thoughts about the progression of future price action. Good luck
Idea is based on a combination of Elliot wave theory and median line analysis. This idea is not meant as a trading advice (non of my ideas is!), but rather my thoughts about the progression of price action in the long term.