Deus

Silver Daily Chart

Long
OANDA:XAGUSD   Silver / U.S. Dollar
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19
Silver is tracing something that looks like a big triangle. Though it is not confirmed yet. I struggle to see the turnaround, the pattern speaks for the continuation of the trend.

Comments

Would A=4, B=5 and C=1 in a leading diagonal to the downside be possible?
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Deus Kenmits
@Kenmits, I have looked into that. C does not conform to the rules of diagonal. Wave 5 in that diagonal is longer than 3.
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@Deus, thanks for the response. I'm just trying to learn. As I recall the rule, wave 3 can't be the shortest. It's very close on this one! I appreciate your posts!
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