marto_el

Retracement coming to an end.

FX:XAGUSD   Silver/U.S. Dollar
72 2 2
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.
Order cancelled: E leg did not complete. Since I am not interested on the down side I will wait for another buy setup.
ouch...that was unexpected
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marto_el DownUnder
Honestly I did not expected that. The good thing is that now you can buy it cheaper if you are an investor. :)
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