XAG/USD 20.11.2024

Hello Traders,

Here are my thoughts for the coming days/weeks/months, based on the Elliott Wave method:

It’s clear that we’ve topped out at wave (3).I anticipate seeing an ABC correction forming within the overall wave A to B. Fibonacci target levels for the smaller wave C can be drawn once wave B is established.
My plan is to short at the 78% Fibonacci level where also a high volume area is, stopploss would be above the last high take profit would be all the way down to wave 4. Along the way, I’m looking for a clean 1-2-3-4-5 setup from the larger wave (B) to the larger wave (C).

If you have any questions, feel free to ask! ;)

İşlem aktif

Now have entered with a sell position. My small a to b setup is valid sl31.480 Tp in the fib area

İşlem kapandı: hedefe ulaştı

sell closed

Not

Now searching for an B wave to C wave up. Sl under the fib levels
#

NeptenFX

Aynı zamanda::

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.

NeptenFX

Aynı zamanda::