From the analysis it can be seen that the fractal sequences do not follow each other in amplitude of 1-2 or 2-1. But in the proportions above the fractal arrows. The point is that the next sequence of the exchange rate is not 1-2 but 1-2.25. This is an important factor. After all, the answer is not 2-1 but 2-0.75. Because exchange rate amplitude shifts higher by 0.25% ATR. This also marks the beginning of a stronger uptrend. In short, the current silver exchange rates are suitable for long positions.
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False: After all, the answer is not 2-1 but 2-0.75. Correct: After all, the answer is not 2-1 but 2.25-0.75. It is because the wave sequence is shifted by 25% relative to ATR. I apologize for the mistake.
Lots of people are not watching Silver. Some are attached strongly to Gold and BTC. However in terms of percentage gain per unit of cost of risk, I think Silver is in an excellent range. Of course many missed the recent best opportunity for re-entry when price hit near 16.50. Attachment to any one instrument is not a good idea.
We concur on projections using different methodologies. I am thankful for your excellent analysis.
We concur on projections using different methodologies. I am thankful for your excellent analysis.