After the impulsive move to the upside silver0.33% went into descending (top declining, bottom flat) corrective triangle. As of now, a divergence on the MADC is present signaling that the correction is near to its end. If price breaks to the upside AB=CD pattern is possible to form finishing at the 20 level.
Trade with care.
Trade with care.
Order cancelled:
E leg did not complete. Since I am not interested on the down side I will wait for another buy setup.