Silver is currently in Wave 2 which is an ABC wave.
We appear to be making a FLAT correction, which is a 335 structure. Wave A has 3 waves and now we're in wave B. We've only made 2 waves so far so we require one final wave higher to complete wave B.
Trade idea: - Risk entry on bounce off fib levels - Safer entry on break of the red trendline - SL below price after trendline breaks - Targets: the highs which happens to be the -0.27 fibonacci
Once we're at the highs, we will be looking for a sell setup.
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.