WallStScalper
Short

UPDATE! ON ROLLS ROYCE SILVER GHOST DONE WITH WAVE 4 PENNANT

FX:XAGUSD   Silver / U.S. Dollar
For the last 54 bars or 378 days Silver             has been in a typical Elliott wave 4 pennant on the weekly chart witch now have panned out.

The pennant shows up as a perfect symmetrical time pattern of 2 times 27 bars or 2 times 189 days.
The last e wave comes perfectly back to the middle of the pennant and is now ready for the 5th wave down.
If the time pattern continue silver             is 2 bars into its 3 period of 27 bars.
The ABCD target gives a possible target of approx.13.787

Right now I'm therefore bearish on silver            

As always - time will show!
Safe trading ladies & gents!
BM
Music at work:
http://open.spotify.com/track/4xak3dYvMKB2HOfSxh4nwc
http://www.youtube.com/watch?v=J1Fz-U8llHA
What a beauty: http://www.classics.com/images04/pb04-04.jpg
Rolly Polly nice thesis
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WallStScalper QuantitativeExhaustion
Still right on track for my EW-count for silver
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A close up on wave 4 and 5...
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KevinT WallStScalper
How about this one?
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KevinT KevinT
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KevinT KevinT
Almost gave up my hope after yesterdays pull back. But it worked out today :)
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Buy more!! :)
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KevinT Leclaireur
Pinbar rejection at MA. I won't be keep to be bullish
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Nothing bearish there. .. it usualy test a few times resistance. .. bullish
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Hi! Haven't chanced my mind on the EW-count and the chart above. That goes for gold as well. I'm bearish on both metals. Only a blown out war in Ukraine could make me change my mind.
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