7pasos

If a zigzag should end around here

FX:XAGUSD   Silver / U.S. Dollar
193 0 0
The silver             correction to the upside yesterday increased it's pace.
Some what this is a kind (rare but possible) of alternation, is more common find the fast A and slow C but given the long and strong decline is understandable to find a dubitative A impulsive wave (taking then the shape of a leading diagonal ) and be followed by a more decisive impulse taking therefore the shape of fast impulse.
On the other hand if the strength keeps developing then a new impulse to the upside could be in place and the last fast impulse be the wave 3.
Given the context this last scenario is the less probable.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out