Here's why it's a potentially good buying opportunity:
- the up trend,
- likely support at: 1) the potential demand level, 2) 100% size of the prior correction and 3) the median line's lower parallel (MLH),
- a perfect match of the strong SILVER and the weak CAD, currently the former oversold and the latter overbought.
- the up trend,
- likely support at: 1) the potential demand level, 2) 100% size of the prior correction and 3) the median line's lower parallel (MLH),
- a perfect match of the strong SILVER and the weak CAD, currently the former oversold and the latter overbought.