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skrotkalle
Jul 17, 2019 1:59 PM

SILVER , perhaps a wave 4 coming before next leg up, wave 5/C ? Short

Silver / U.S. DollarFOREX.com

Description

I'm not 100% for sure on this, but i feel I miss a wave 4 here, before it meet that down trendline (black dotted). RSI is high here, ca 83 in this 4h chart now.
Wave 4 could be a retest of a neckline for a possible invert HS too. We try it, and see if any of this will come true....
I'm no expert in wave-counting, have just tried to use mye best knowledge so far. Don't take it as any trade advice, before u also are convinced about it.

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A pic of the hole inverted HS, with the NECKLINE , the biggest one. It's also a smaller one lower there... U see it....

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DXY.... let's see if it's more to it here...>> wave 5 ?

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Silver >> 16 ?

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Some consolidation to notice....

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Watch this 16.22 level now, heavy resistance, next 12-24 hours, observe whats happening here.

Comments
Bullandbeartrading
Great channels and indicators.
skrotkalle
@Bullandbeartrading, tnx man , I'm into u'r video's now >> good work, keep up :)
transparent-fx
sharing is the best part of this platform, thanks for doing your part, i also share some very valuable free content, take a look if you wish
skrotkalle
@transparent-fx, tnx man, I'll have a look at u'r shared idea's too :)
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