Bandarsq
Short

Silver Targets Lower Prices

FX:XAGUSD   Silver/U.S. Dollar
Comment: Neckline breakout and approaching target.
Comment: getting closer to target.
Comment: Good enough. Thank you for your comments.
Hi! Looks like broken shoulder as couldn't break below the neckline.
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Wicks sometimes can be misleading. I would wait for the line chart breakout.
snapshot
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Bandarsq PRO Jia En Cai
Thank you for sharing. Yes I agree with you DXY bear cycle ended with Y.
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Silver looks miserable after the strong upswing of last few weeks
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yes I believe it's in a corrective cycle.
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what is this? are you saying that 3 waves up marks the end of wave W?
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Bandarsq PRO WaveAlchemy
It's WXY 333 corrective pattern which works well with the inner waves. Or you can think of it as Impulse wave 12345.
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WaveAlchemy Bandarsq
right so its an alternate count yes? you coded wave w and wave 3 with different colours so i intuitively thought that wave 3 was part of wave w's subdivision, if u know what i mean.
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Bandarsq PRO WaveAlchemy
Yes I know and I see where the confusion is. I would vote for WXY tho. Thanks for commenting.
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WaveAlchemy Bandarsq
cheers
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it looks like is heading down to target
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I expect next week will handle it.
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