today i like to buy silver @ 23.54
my stop loss of the day @ 23.34
half take profit for today @ 23.75
and further half take profit @ 23.89
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today i like to buy silver @ 23.54
my stop loss of the day @ 23.34
half take profit for today @ 23.75
and further half take profit @ 23.89
The Silver In line 4H There are two consecutive summits
every top of the low of her next summit is
an indication of the low is uncertain,
and I expect his arrival to the support line at
the point of 23.595 and buying at this point
Silver price is now bearish power. The price already touched daily support 1 level (23.48) and lower trend line. I think the price may touch daily support 2 level (23.19).
http://i1311.photobucket.com/albums/...psb21b7866.jpg
Silver technical analysis
date : 08.30.2013
time : 11:45 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 45.02
2) MACD (26,12,9)
value: -0.0278
3) ADX (14)
value: 22.47
4)CCI(14)
value: 0.0000
overall trend - slightly bearish.
since morning silver traded bearish. condition has been turned into a weekly LSMA pointing down. most likely the price will go down in a few days. because of the benchmark is still down, the secure transaction is sell. but this time open sell positions become less profitable. because daily LSMA conditions began to change into a pointing up. therefore wait for the price is below the daily LSMA to open short positions. target price is 23 405
silver
indicator awesome oscillator sell good awesome oscillator indicator best to trader
entey:23.90
tp:23.50
less:24.10
be aware with still down for me if Silverthen break again to bellow line 23.65 this will be more nice to sell i see.
Silver filed a strong sell signal, first price has managed to break through the sliding alligator acting as trend lines, second only place that sample the lower fractal 23.60, third on the daily chart are working on a bearish divergence and stochastics sell signal, the target level of 22.20 would think.
http://charts.mql5.com/2/402/silver-...orex-group.png
we can see in the 4h chart
the pair trading down the 38.2
I see the pair will go to down way to 22.770
stochastic refers that the pair will go down
so our target sell from 23.574 and our target will 804pips
Good luck
Silver technical analysis
date : 08.30.2013
time : 17:00 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 50.80
2) MACD (26,12,9)
value: -0.0153
3) ADX (14)
value: 22.58
4)CCI(14)
value: 63.13
overall trend - slightly bearish.