IgorFlow
Long

Elliott wave analysis of XAG/USD (SI)

OANDA:XAGUSD   Silver / U.S. Dollar
For a month the calculation has not undergone virtually any changes (look update from October, 17 in my telegram channel). By guidelines, I expect silver a little lower in the turquoise (blue) area before starting to grow to the turquoise (blue) level. According to the rules, the growth can begin with current values. We will find out about this when the blue channel is broken up.

Thus, we put the limits in the blue (turquoise) area with a stop at the nearest red level; and/or for a breakdown of the blue channel with a stop beyond the local minimum at that time.

You can ask any questions in the TG chat: @ewt_chat
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