SILVER ( TRYING TO RETEST A TURNING LEVEL (1) ) (4H)

26 de jul.

XAGUSD

HELLO TRADERS

• Tendency , the price is under bearish pressure , after breakout channel .
  
  
• TURNING LEVEL (1) : the price of this level at 28.20 , so if the price breaking this level reach a resistance level (1) .
  
  
• TURNING LEVEL (2) : the price of this level at 27.29 , so if the price breaking this level reach a support level (1) .
  
  
• RESISTANCE LEVEL (1) : this level around 29.33 , for reach this resistance level the price need breaking a turning level (1) .
  
  
• RESISTANCE LEVEL (2) : around 30.48, for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)
  
  
• SUPPORT LEVEL (1) : this level around 26.43, for reach this support level the price need breaking a turning level (2) .
  
  
• SUPPORT LEVEL (2) : support level at 25.23 , for reach this level will be breaking by open 4h candle below support level (1) .
  
  
• CORRECTIVE LEVEL : currently price 27.80 , have two scenario , first corrective 28.20 before dropping to touch a 27.29 , then26.43 , second corrective 27.29 to reach a 28.20, then breaking this level reach a resistance level (1).
  

TARGET LEVEL :

• RESISTANCE LEVEL : 29.33, 30.48 .
  
• SUPPORT LEVEL : 26.43 , 25.23 .
  

29 de jul.

Trade ativo

30 de jul.

Trade ativo

1 de ago.

Trade ativo

as mentioned breaking turning level (1) , trying to reach resistance level (1) .