Silver H1 Analysis 📈
The pair was rejecting the 31.00$ area.
But after almost many attempts it succeed ,, Closing above the 31 and gave a strong buy move.
If one bearish engulfing candle breaks the zone below . the Buying is no more valid
Now, According to the rule the market will retest the broken zone ( Red zone ) from upside direction and after that it will go up.
The target is based on the first resistance level.
One more thing , the market has trapped the buyers here
It gave a sell more abruptly and buyers without any confirmation entered the buy trades but the market manipulated.
The red zone is very important if markets holds here or make a strong support here we are going to buy otherwise we will wait
The pair was rejecting the 31.00$ area.
But after almost many attempts it succeed ,, Closing above the 31 and gave a strong buy move.
If one bearish engulfing candle breaks the zone below . the Buying is no more valid
Now, According to the rule the market will retest the broken zone ( Red zone ) from upside direction and after that it will go up.
The target is based on the first resistance level.
One more thing , the market has trapped the buyers here
It gave a sell more abruptly and buyers without any confirmation entered the buy trades but the market manipulated.
The red zone is very important if markets holds here or make a strong support here we are going to buy otherwise we will wait
Trade closed: target reached
👉 Join Our Telegram channel free 👉 ( t.me/forexplanet20 ) 💬
💬 Join Our Swing Trade Group 👉 t.me/swingforexplanet
💬 Join Our Whats-App Group
🔗 bitly.cx/UFNQx
💬 Join Our Swing Trade Group 👉 t.me/swingforexplanet
💬 Join Our Whats-App Group
🔗 bitly.cx/UFNQx
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
👉 Join Our Telegram channel free 👉 ( t.me/forexplanet20 ) 💬
💬 Join Our Swing Trade Group 👉 t.me/swingforexplanet
💬 Join Our Whats-App Group
🔗 bitly.cx/UFNQx
💬 Join Our Swing Trade Group 👉 t.me/swingforexplanet
💬 Join Our Whats-App Group
🔗 bitly.cx/UFNQx
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.