thawkbid

A Silver Cup & Handle

Long
OANDA:XAGUSD   Silver / U.S. Dollar
After the completion of a bullish ABCD harmonics pattern on daily chart, the XAGUSD pair has started to form higher highs and higher lows (a bullish rally).

Recent indications of a Cup and Handle pattern further supplements the continuation of the bullish rally (buyers are advised to buy on the breakage of parallel channels)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.