Caze_69

SILVER, Coming for an Overlap and FOMO Extended Wave 5

Long
TVC:SILVER   CFDs on Silver (US$ / OZ)
I'm following this scenario since begening of January and it appears that the SILVER price structure could trigger an extended wave 5 with a wave 1 / wave 4 overlap.

The potentiel end of Wave 4 could be in the area with a major cluster of :
-61.8% of Wave 3 length
- Low Weekly BB which is shrinking
-Overlap of Wave 1

I'll have a closer look on potential signals in smaller timeframe to be more agressive.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.