ew-forecast

Interesting Pattern On Silver Points Higher ! - Elliott wave

FX_IDC:XAGUSD   Plata/Dólar estadounidense
Good morning traders,

silver can be unfolding a bigger (A)-(B)-(C) move as part of a bigger bullish cycle; now unfolding sub-wave (C) which can be an Elliott wave ending diagonal, and can look for support/bullish turn near the 16.35 region.

An EW ending diagonal is a powerful reversal pattern, which can push price into a sharp turn once fully developed.

A strong turn higher, and above the 17.30 area would be first evidences of a reversal higher.

Trade well,

The EW-Forecast team

Test Drive Our Services
👉 wavetraders.com/elliott-wave-plans/

Learn Elliott Waves
👉 wavetraders.com/academy/

Newsletter Sign up
👉 bit.ly/3FVPVzO
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.