D1 I'm looking at an expanding flat in wave B looking to buy for the C up.
H4 Were getting close to the 78.6fib with bullish divergence. Looks like were in a channel down with price getting close to the bottom of that channel.
H1 I'll be looking for an impulse up and nice bull flag to buy, cation is needed as price can go lower and because were in a B wave it can even break the A wave low according to EW structures. Therefore wait for a nice buy setup before jumping into the buy. It's only a matter of time before we get the C up!
H4 Chart.
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Trade closed: target reached
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Silvers done it's job on D1 with the C up, we now have bearish divergence on the D1. Theres no confirmation D1 C wave is over but i'll be starting to look for the short's.
@amutt, I'm waiting for impulse up then bull flag to give me an entry, H4 C wave down can go lower.
amutt
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@amutt, This is just acting the fuk, Shaking shit out.
Boon2
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@amutt, Yes, need a nice buy setup. Like I mentioned in the description were in a B wave down so it can break the low but either way will will get the D1 C up in my opinion.
Bullion_Money
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If bankers and The new generation think gold ia a rock I wonder what they think about silver?
Boon2
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@Bullion_Money, I'm not sure I get your question but gold and silver are rare commodities, both have been used as money for thousands of years and still are to this day.