Silver: Possible long trade set-up evolving

FX_IDC:XAGUSD   Silver / U.S. Dollar
This analysis shows a possible LONG set-up for silver             . I believe silver             started a new bull trend since it bottomed late last year. The price action since the surge after Brexit looks very much corrective. Silver             appears to be tracing a fourth wave correction. As long as the critical support level holds around 18,50 the bulls are in control. A run above the descending green line is a first signal that we might have left the correction behind us.

I started doing technical analysis a few months ago, so I still have a lot to learn.

Please let me know what you like/dislike about this analysis.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out