Our last few analysis on Silver have played our perfectly.
We identified we were in a 335 flat correction and we caught the wave B move higher. We're expecting 5 subwaves for wave C and we've seen subwave 1 and 2. Looking for subwave 3 now.
Trade Idea:
- Watch for the next wave lower
- Anticipating price to stay below the highs = stops go above the highs
- No clear entry as of yet but we'll be watching for a lower timeframe trendline break or BOS
- Target: 21
Goodluck and as always, trade safe!
See below for our previous setups:
We identified we were in a 335 flat correction and we caught the wave B move higher. We're expecting 5 subwaves for wave C and we've seen subwave 1 and 2. Looking for subwave 3 now.
Trade Idea:
- Watch for the next wave lower
- Anticipating price to stay below the highs = stops go above the highs
- No clear entry as of yet but we'll be watching for a lower timeframe trendline break or BOS
- Target: 21
Goodluck and as always, trade safe!
See below for our previous setups:
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