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Xagusdt

Silver Analysis: Which Direction Is Next?Before anything else, it’s important to note that silver, unlike gold, tends to have sharp and aggressive corrective moves. This makes it a bit more challenging to trade, so proper risk management and caution are essential when dealing with it. From the point where we placed the red arrow on the chart, the corrective phase in silver appears to have started. This correction currently looks like either a flat structure or possibly a more complex corrective pattern, such as a diametric formation. At the moment, price action seems to be within wave C, which is typically a bearish wave. The best support zone and potential rebuy area for short-term trading is the green zone highlighted on the chart. From this green zone, a move is expected, with a potential target of at least $69. If you have a symbole or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you. What do you think? Is TON bullish?
OANDA:XAGUSD
by behdark
25
SILVER Analysis (12H)Silver's correction in higher time frames was already confirmed. Here in this chart, you can see the main target and the reason. After a sharp impulsive wave, an A-B-C correction has begun with a character change. Wave B has created a channel and now it's breaking apart as well. Usually, wave C might be larger than wave A, but the minimal target is %100 extension of wave A. That extension level's target is around $50. I expect silver to drop thorugh $50 within the time. Always use simpler tools to understand reliable charts. Silver is one of them. Thanks for reading.
CAPITALCOM:SILVERShort
by vs_sayin
5
CADJPY: Retested Bullish Trendline, Continue its Bull Run Again?Hello Fellow Global Forex Investor/Trader, Here's an Outlook for CADJPY! Price Action Analysis 1. FX:CADJPY has retested on the multiple rejection area and Bullish Trendline 2. Then, forming a Falling Wedge, the pattern indicates a bullish continuation pattern 3. Breakout of the pattern confirmed the possibility of the upside movement 4. The MACD Indicator also made a Golden Cross, signifying the possible upside movement to the target area. Other Technical Drives : 1. JPYBasket is moving in the bearish trend or below EMA200 2. Breakout of the Rising Wedge indicates a possible continuation of the bearish trend The roadmap will be invalid after reaching the target/resistance area. Support the channel by smashing the rocket button and sharing your opinions in the comment below! "Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the CADJPY"
Long
by financialfreedomgoals101
💡SILVER (XAGUSD) - Weekly Technical Analysis UpdateMidterm forecast: While the price is above the support of 22.15, a resumption of an uptrend is expected. We make sure when the resistance at 28.75 breaks. If the support at 22.15 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI resistance #1 at 48 is not broken, the probability of price increase would be too low. A trough is formed in the daily chart at 22.87 on 08/20/2021, so more gains to resistance(s) 24.50, 25.75, 26.60, and maximum to Major Resistance (28.75) is expected. Price is above WEMA21, if a price drops more, this line can act as dynamic support against more losses. The relative strength index ( RSI ) is 47. Take Profits: TP1= @ 26.60 TP2= @ 28.30 TP3= @ 29.85 TP4= @ 33.45 TP5= @ 37.50 TP6= @ 44.20 TP7= @ 49.80 TP8= @ 60.00 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FOREXCOM:XAGUSDLong
by ForecastCity_World
12