Selloff? Silver 25.9 before 50?

22 oct

Well We got 5 waves up and 5 waves up of wave 5. So i expect a abc correction. Hope to see a H&S pattern so we can perfectly find the wave C before we enter the bigger wave 3 towards the 50 level. For now im looking for a 3rd touch of the trendline to finish the wave 5.If everything goes perfectly it should go down from the 35.003 level. Lets see how it plays out. Let me know what you think.

23 oct

Nota

Im getting better at this! Looks like were going down nicely!!

24 oct

Nota

Beautifull head and shoulders formed. Now heading streight down to the technical target of 32.107

6 nov

Operación activa

Going nicely. Im going to long soon to make the wave B

12 nov

Operación cerrada: objetivo alcanzado

Well, going to make this B wave up soon. just put stop below. If go lower we buy at 25.914. Also look at the dxy. The more bullish this one is the lower silver will go. That good so we can buy more

18 nov

Nota

Look like we found support. Long to 32.957. From here im looking to short the last wave down. When the price of 25.914 hits im buying all i can. On the macro timeframe we could be in a beautiful Cup and handle wiche can break to a price of 600 or more.

5 dic

Nota

For now buy order at 30.646 and take profit at 33.410.
From 33.410 sell to 25.914