Pair : XAGUSD ( Silver / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Long Time Frame and it has Breakout the Lower Trend Line and Completed the Retracement Break of Structure Fibonacci Level - 78.60% Rejecting from Strong S / R Level Divergence Impulse Correction Impulse Elliot Waves
We are witnessing a decreasing trend in a channelized space. We are currently witnessing a negative divergence and we are on a static resistance in the range of 21.76186. We have 2 scenarios ahead: 1. In case of breaking the resistance, you can experience a growth up to the ranges of 21.86676 and 21.95601 or between them and then continue the decrease up to the...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Bearish Channel as a Corrective Pattern in Long Time Frame and Made a Breakout of the Upper Trend Line Divergence Break Of Structure Consolidation Phase in Short Time Frame wait until it Breaks the Upper Zone or the Lower Zone Completed the " 12345 " Impulsive Wave and Corrective " ABC " Wave
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Rising Wedge in Long Time Frame and Rejecting from the Upper Trend Line with Strong Bearish Price Action as Impulse Making Correction in the Form Bullish Channel and Rejecting from the Upper Trend Line Fibonacci Level - 78.60% S- R Level Resistance Level Divergence Completed " ABC " Corrective Wave
Completed the Correction " ABC " in a RISING WEDGE Pattern with the Breakout of Lower Trend Line #LTL We have Strong Selling Divergence in Long Time Frame #LTF It can Follow Some Bullish Moves to Complete its Correction at Fibonacci Level ( 50.00 - 61.80 % )
#XAGUSD Silver - BULLISH Channel #LTF - Rejection from S / R or DEMAND Zone - FALLING Wedge and Breakout of UTL with Retracement - Buying Divergence - IMPULSE CORRECTION
Despite been on a long term bearish momentum since the beginning of the year, the breakout of the bearish trend line on the daily timeframe a couple of weeks ago opened up the possibility of a potential reversal pattern in the coming week(s). However, since the breakout of the trendline we have noticed the appearance of a consolidation phase just above the $21.000...
XAGUSD will be long.. PLEASE use 8% of your account with proper risk management.. follow me for more ideas..
XAGUSD is uptrand, if there is confirmation of rejection in the demand area, we can re-buy following the trend and target swing highs
The appearance of a reversal pattern around the bearish trendline identified on the daily time frame insinuates a bearish momentum for the week. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) is high-risk and unsuitable for all investors. The content of this speculation (including all data) is...
price has the potential to move down more. we are waiting for good selling position
Target Achieved on Aug 5. Tast's an update for XAGUSD. Based on my analysis of the XAGUSD chart on Aug 4.
2nd August daily key reversal bar broke and close below previous daily bar low. 20.23 supply zone for short, may add more short from high of key reversal bar i.e 20.49-50. stop loss 20.56, target: 1935
this could be the next reversal point . looking for upside . first target 29.50-30.00$.
Silver looking bullish on Support zone , better to look it buy only on Support zone
XAGUSD LONG - Buy Entry - D1 Chart Buy @ Market Symbol: XAGUSD Silver Timeframe: D1 Type: BUY Entry Price: Buy @ Market TP - Resistance @ 26.678 Resistance @ 25.539 PP Y1 - Pivot Point Yearly @ 24.9373 Support @ 24.581 ✅ If you liked this analysis, please consider Following and giving it a Thumbs Up 👍 ✅ If you have any feedback or questions, please...
Like its bigger brother, Silver is also strongly bullish and from my last suggestion to buy dips around 25 is up to 1k pips. Also, it has risen so much I think there is much more in cards for XagUsd and it can reach 28 easily in the medium term. So going forward traders should look to buy dips and an ideal place for this can be the 25-40-25-50 zone A drop under 25...