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melvinljw
Nov 9, 2018 11:57 AM

Possible Bullish Wave Structure of Silver Long

Silver/U.S. DollarFXCM

Description

Hi Guys, SIlver looking to complete a ZZ deep retracement pullback as wave ii of 3. Looking for wave iii of 3 to unfold, so long as we holding above 14.22 swing low.

Pattern invalidated if it swings below 14.22 low.

Trade idea long :

Entry : 14.31
Stop : 14.12
Target 1 : 15.15 (If its a C wave)
Target 2 : 17.25 (If its a wave 3)

Comment

Trade Stopped. Looks like wave i, was a C wave.

Looking to go lower for silver, likely sub 14 coming
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