Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed " 123 " Impulsive Waves Fibonacci Level - 261.8% Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame
Top-down analysis for Silver. Price action analysis. Important key levels. Directional bias. Thoughts. ❤️Please, support my work with like, thank you!❤️
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Bearish Channel with the Breakout of the Upper Trend Line and Retracement. Completed " 1234 " Impulsive Waves at Fibonacci Level - 61.80%. We have Break of Structure and Retracement. It will Reject from Upper Trend Line or Demand Zone
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Bullish Channel as an Correction in Short Time Frame and Rejection from Lower Trend Line. Completed " 12 " Impulse in STF and " AB " Correction in LTF. Rejection from Demand Zone and Completed the Retracement for Break of Structure
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Head and Shoulder as an Correction in Short Time Frame. It has completed the Impulsive Waves " 12345 " and " ABC " Corrective Waves. Rejection from the Previous Resistance or Fibonacci Level - 61.80% Entry Precautions : Wait for the Proper Rejection
We have a possible Falling Wedge pattern with a target at 25.300, as long as the price does not break the 23.800 zone.
OANDA:XAGUSD enters a bullish consolidation phase and oscillates in a narrow trading band just above mid-$24.00s through the first half of the European session on Tuesday. The white metal, however, remains well within the striking distance of a near three-month high touched on Monday and seems poised to prolong its recent strong appreciating move witnessed over...
OANDA:XAGUSD price climbs on Wednesday, following last Tuesday’s soft US inflation report, which sent US Treasury bond yields plummeting on expectations the US Federal Reserve is done hiking rates. Hence, the XAG/USD advances sharply, reaching key resistance levels like the 200-day moving average (DMA) at $23.26. If Silver bulls hold price above the latter, the...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed Right Shoulder of the Corrective Pattern " H&S " in Short Time Frame and Started Rejecting from the Daily Demand Zone after it Completed " 12345 " Impulsive Waves and " abc " Corrective Waves. Bearish Channel in Short Time Frame Entry Precautions : Wait for the Proper Trend Reversal Price Action
price in range between 22.24-25.20 since last 8 months. Double top formation round about 22.25 area. Demand zone for long 22.85-65, stop loss 22.55, target: 23.90.
if you look at the price movement last week, there is a possibility that a reversal will occur. I still use the Eliot Wave notation a few weeks ago with the assumption that the price will be bullish with the invalid area boundary below. if the area is violated then the elliot wave notation will change and the trend will probably be a complex correction wave.
With the formation of a new LL in the wave structure, it is certain that the possibility of greater bearish continuation. It is possible that currently a complex correction wave is formed to determine the wave (2) where Wave 2 is always a correction wave. If you want to do a short, you can do it when the price approaches LH
silver's movement still tends to be bullish, although in the last 2 days there has been compression where the candle that is formed is small and lacking in content, but structurally it still forms a new HH. there is still a possibility to continue the bullish trend slowly.
looking at the analysis based on the elliot notation for silver, it looks like it is currently in the beginning of a bullish trend, you can take part in going long by placing a pending order in the SnD area that has been readjusted according to your analysis.
Daily bullish order block formed on 21st March. 22.40-15 strong demand zone for long, stop loss may place below 22.15. Target: 24.80. this setup will take time may few days even weeks.
Silver prices shows positive trades now in attempt to move away from the bullish channel’s support line, reinforcing the expectations of continuing the bullish trend for today, which targets testing 25.30 as a next station. Therefore, no change to the positive scenario that depends on the price stability above 24.90, as breaking it will force the price to turn to...
Hello traders, we want to check the XAGUSD chart. The price has successfully broken the price level of 22.58300 to the bottom and stabilized below this price. Then the price, after settling in a suffering zone, was able to break this zone as well. break down. According to the strength of the downward trend, it is expected that the price can continue its downward...
XAGUSD sell Entry : 23.84680 Stop : 24.12719 , Target1 : 23.57000 , Target2 : 23.28600 Risk/Reward Ratio : 2