ConservativeOne1

Reversal in progress...IMO

Long
FOREXCOM:XAGUSD   Silver / U.S. Dollar
I believe the pivot low is in on silver...I am looking carefully at SILJ right now...this looks like a leading diagonal to me...series of 3 wave moves with overlaps of 1 and 4...if I am correct,the wave 2 at a higher degree is now in and we are starting wave 3...If I am correct...HOLD ON rocked are likely soon!
Comment:
i posted the XAG chart above...similar count...but here is the one for SILJ. www.tradingview.com/chart/Vw65IyLq/

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.