and have outlined an initial target of US$25.57 which is the 1.618 extention or the height
of the right angled triangle. The target of US$15 has been achieved and it's on to the next
one now US$25.57
I think that we are still in the early stages of a spectacular bull market which is ahead of us!
2019 is looking great for silver!
This is not trade advise! No liability will be accepted for your trading losses!
RaSantana's ideas or publications are meant for educational purposes only, and are
given in good faith! If you are unsure or have any doubts about your actions, you
should seek advise from an investment advisor!
It must be realised that I am a human and as such, even I can make mistakes! :)
Errors in judgememt and misinterpretations can and will occur, so trade at your own
I hope that you will find some of my ideas helpful & useful, and if you like them I
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Wishing you all the best of luck in your trading and investment activities!
Personally, I don't like to trade against the trend (taking out short positions while in an uptrend), that's for the traders much braver than me! While I have been known to take some profits at the top of wave 3 in elliot wave terms, in order to buy back after a correction of 25%, 38%, or even 50% thus adding to my position in wave 4 so I can profit on the final leg up to wave 5. For now though, I'm going with the flow as the trend is up! Wishing you all the best for 2019!