Regarding my last post...silver bulls last stand...
See the first part to this count that is somewhat questionable....Note the top of the candle body on Wave 1 (white) and the bottom of wave 4(white) candle bodies...both sit right on the blue line. Any thing more in either direction would invalidate the count...only the wicks are allowed to overlap and still remain a valid count.
Note...on any time frame of less than a week these do overlap by more than a wick...which is why i say this is a very lenient count for the bulls...I usually only allow a max time frame of a day without overlap before invalidating such a count.
Either way, I do see a bounce short term...so this could be the last chance to lighten up on silver if you believe that that the bearish count is correct!
See the first part to this count that is somewhat questionable....Note the top of the candle body on Wave 1 (white) and the bottom of wave 4(white) candle bodies...both sit right on the blue line. Any thing more in either direction would invalidate the count...only the wicks are allowed to overlap and still remain a valid count.
Note...on any time frame of less than a week these do overlap by more than a wick...which is why i say this is a very lenient count for the bulls...I usually only allow a max time frame of a day without overlap before invalidating such a count.
Either way, I do see a bounce short term...so this could be the last chance to lighten up on silver if you believe that that the bearish count is correct!
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.
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.