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 23.085 and buying at this point
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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 23.085 and buying at this point
the pair can break the up trend to down way in 4h chart
stochastic refers to down way
so the pair will continue to down way
http://www2.0zz0.com/2013/09/12/01/480492106.png
Daily pivot Fibonacci points: Resistance levels: R1: 23.19 R2: 23.29 R3: 23.47 Support levels: S1: 22.84 S2: 22.74 S3: 22.57
mane kbhe trede ki he nhe ah or na he ma si ky abry am apko bta sakta ho kiu ky ay bhot he best tardi ng sestm ah jsi am hajm kammakrty ha or is sy bouysj e ahsil akrty ah,,,,,,,
Silver analysis :
date : 09.12.13
time : 03:45 GMT
time frame : 15 min
current rate :22.95
high : 23.17
low : 22.83
net change : -0.21%
overall trend : slightly bearish.
In 4H tf, silver is still between 23:18 and 22.73 range. Break below this level could bring silver into the low area at 22:45 to 22:05. Hard enough to break the given area there is also the midpoint SHI channel indicating strong resistance in this area
Silver price lready touched daily support 2 level (22.58) and lower trend line. Now the pair price try to move up ward. I think the price may touch Fibo 100.0 level.
http://i1311.photobucket.com/albums/...ps8ccfe65b.jpg
today i like to sell silver @ 23.78
my stop loss of the day @ 23.87
half take profit for today @ 23.62
and further half take profit @ 23.48
The price of the silver couldn’t settle for long time above 23.00, and returns to trade with bearish bias heading towards new test to the falling wedge’s support which appears in the above chart, which located at 22.75. Stochastic and EMA50 negativity are factors that make us prefer staying aside temporarily, until being certain from the price behavior according to the critical levels, which are represented by 22.75 support and 23.50 resistance, where breaking the mentioned support will lead to a decline reach towards 21.00, while breaching the resistance will activate the positive effect of the mentioned wedge pattern and then reinforce the chances of resuming the overall bullish trend.
http://charts.mql5.com/2/500/silver-...orex-group.png
Hi,,
in the chart 4h we can see the pair will go to up way in the future
I see the pair will go to 23.764
I expect from this analyze that the price will go to up way
so buy from 22.170 to 23.764
good luck
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