XAGUSD exploded up

FX_IDC:XAGUSD   Silver / U.S. Dollar
315 2 11
XAGUSD             exploded up. I wouldn't chase price. Looks to be on a wave 1 so a lot of profit to be made here.
Comment: moving Slow and steady up to wave 1. Might be starting a correction.
Comment: Deep wave 2, look at new chart. Strong divergence at the moment.
have to ask, where are you getting wave V from? fibo level? i don't see any resistance up there
TAS MicahRutter
Waves have rules, so the projection is based on both rules and experience. It does not mean that this is the final level, I'll be adjusting the path during the move.
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