SILVER (XAGUSD) ELLIOT WAVE COUNT (TIME FRAME : 4 HOUR)

Hello guys,

Looks like Wave 4 correction on the 4 hour time frame in the form of WXY has is completed, paving way for Wave 5 to start developing. If price managed to break and close below line labelled 'BUY STOP LOSS', the analysis is invalid.
Wave Analysis

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