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UnknownUnicorn5158708

XAGUSD: Price confirms bearish momentum

Short
Silver / U.S. Dollar (FOREXCOM:XAGUSD)  
UnknownUnicorn5158708  
FOREXCOM:XAGUSD   Silver / U.S. Dollar
Wave Analysis elliotwaveanalysis elliotwaveprojection wavenalaysis shorttradesetup silveranalysis silvershort
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waveanalysis elliotwaveanalysis elliotwaveprojection wavenalaysis shorttradesetup silveranalysis silvershort
I had initially identified a buy setup which seems to have been invalidated by the push from $17.69 to $17.05. Due to these recent events, we therefore have a WXY zigzag sequence in place and I'm looking for price to push further down into my blue box towards $15.57. The structure is clear and some correction below my trendline will confirm further downside. Trade cautiously.
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