TradingTie

SILVER MEDIUM TERM TRADING IDEA 17-TH APRIL '19

Long
FX_IDC:XAGUSD   Silver / U.S. Dollar
Silver is at the end of corrective wave by hitting a support level @ 14.80. Expectations in the next 2-2.5 months is to reach price levels over 16.50-16.80 area. Targeting another test of the uptrend channel . By Elliot waves method in the next 2 weeks we can see the establishment of the new trend. Risk reward ratio is also high and stop are just under the support zone .

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