Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed Impulse Correction Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Retracement Break of Structure RSI - Divergence
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Falling Wedge in Long Time Frame and Rising Wedge in Short Time Frame and Rejection from the Lower Trend Line. It can Rejects from Demand Zone or Upper Trend Line at Fibonacci Level - 61.80% Entry Precaution : Wait until it Rejects from any Level with Strong Reversal Price Action
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Bullish Channel as an Correction in LTF Completed " 12 " Impulsive Wave Divergence - RSI Break of Structure Falling Wedge in STF Resistance Level
this is a 2 Day Candle Chart as we can see the Price is up Ranging in a Yellow Ascending Parallel Channel where currently it is trying to break the lower bond. there exist a Fibonacci golden zone of the smaller impulsive wave, which can show Support and if the price bounces from it then we can target the 1TP, which is Fibonacci Expansion -27% level of the main...
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ XAGUSD is bearish on the long-term outlook. The sellers were in charge of the Silver market since June and the bears’ momentum has been increasing. The price has been...
Midterm forecast: . While the price is below the resistance 29.85, beginning of downtrend is expected. . We make sure when the support at 19.65 breaks. . If the resistance at 29.85 is broken, the short-term forecast -beginning of downtrend- will be invalid. T echnical analysis: . The RSI uptrend #1 is broken, so the probability of beginning of downtrend is...
Midterm forecast: . While the price is below the resistance 29.85, beginning of downtrend is expected. . We make sure when the support at 19.65 breaks. . If the resistance at 29.85 is broken, the short-term forecast -beginning of downtrend- will be invalid. T echnical analysis: . The RSI uptrend #1 is broken, so the probability of beginning of downtrend is...
Midterm forecast: While the price is below the resistance 29.85, beginning of downtrend is expected. We make sure when the support at 19.65 breaks. If the resistance at 29.85 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: The RSI uptrend #1 is broken, so the probability of beginning of downtrend is...
Midterm forecast: While the price is below the resistance 29.85, beginning of downtrend is expected. We make sure when the support at 19.65 breaks. If the resistance at 29.85 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: The RSI uptrend #1 is broken, so the probability of beginning of downtrend is...
Midterm forecast: 18.95 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 18.95 is broken. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A trough is formed in daily chart at 17.35 on 06/24/2020, so more gains to...
Midterm forecast: 18.95 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 18.95 is broken. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A trough is formed in daily chart at 17.35 on 06/24/2020, so more gains to...
Midterm forecast: . 18.95 is a major support, while this level is not broken, the Midterm wave will be uptrend. . We will close our open trades, if the Midterm level 18.95 is broken. Technical analysis: . While the RSI uptrend #1 is not broken, bullish wave in price would continue. . A trough is formed in daily chart at 17.35 on 06/24/2020, so more gains to...
Midterm forecast: 18.95 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 18.95 is broken. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A trough is formed in daily chart at 17.35 on 06/24/2020, so more gains to...
Midterm forecast: . While the price is above the support 16.50, resumption of uptrend is expected. . We make sure when the resistance at 18.95 breaks. . If the support at 16.50 is broken, the short-term forecast -resumption of uptrend- will be invalid. . We will close our open trades, if the Midterm level 16.50 is broken. Technical analysis: . While the RSI...
Midterm forecast: . While the price is above the support 16.50, resumption of uptrend is expected. . We make sure when the resistance at 18.95 breaks. . If the support at 16.50 is broken, the short-term forecast -resumption of uptrend- will be invalid. . We will close our open trades, if the Midterm level 16.50 is broken. Technical analysis: . While the RSI...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (17.87). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . SILVER/U.S. DOLLAR is in a range bound and the resumption of uptrend is expected. .The price is above the 21-Day WEMA which acts as a...
Midterm forecast: 15.60 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: The RSI bounced from the support #1 at 48 and it prevented price from more losses. A trough is formed in daily chart at 14.89 on 07/05/2019, so more gains to resistance(s) 17.20, 18.10 and more heights is expected. Price is above...
forecast: While the price is above the support 14.35, beginning of uptrend is expected. We make sure when the resistance at 15.60 breaks. If the support at 14.35 is broken, the short-term forecast -beginning of uptrend- will be invalid. Trading suggestion: There is possibility of temporary retracement to suggested Zone (2.550 to 2.450). Take Profits: tp...