Interesting Pattern On Silver Points Higher ! - Elliott wave
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
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
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