XAG/USD 29.11.24
XAGUSD Hello Traders,
After a long-term analysis of the silver chart, I am fairly confident that this calculation is correct. Following a 12345 setup downward from a larger wave 3, we may have potentially formed an A wave of an ABC correction within the larger wave 4.
While A waves can sometimes follow a 12345 pattern, this is less common—especially in the case of silver, where the chart is quite messy. Therefore, I wouldn’t be overly concerned whether the A wave forms an ABC or a 12345 setup.
What’s important now is to see a breakout above the last high to confirm the bullish momentum. Once this happens, wave B can be calculated using Fibonacci levels. After wave B is completed, we can proceed to calculate wave C.
Emir iptal
Before we can see this move to the upside I think we'll get one more low. Update tomorrow.
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.