Silver. Possible demand area @ 15.50-15.75 Alış

Silver/U.S. DollarFXCM

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⋅ 30 May 2016 06:05

1) EW analysis shows that C= 1.618 * A = 15.75 = 0.5 Fib of whole move up. We are possibly in the last 5th wave down.
2) Trendline support at 15.50

These are potential areas of demand.

Yorum

⋅ 4 Haz 2016 08:38

Amazing! Tick to the tick reverse from 0.5 Fib @ 15.799

Silver XAG USD ( Silver / US Dollar)Si1! (Silver Futures)Elliott Wave Trend Lines

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nahidik

⋅ 30 May 2016 19:45

Spot on as I see it.

aibek

⋅ 30 May 2016 20:00

Hi, we are close but not yet confirmed. Falling knives hurt ;-)
Thanks for comment!

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