Technician

Silver nearing a bottom in the short term?

FX:XAGUSD   Silver/U.S. Dollar
2731 9 148
SIlver             is about to complete a three drives pattern . The completion of the pattern accompanied by a bullish divergence on RSI indicates a possible rebound in the coming few days to week. However, this is a framework for a trade, and thus wait for a setup over the short term to confirm your trade or a bullish candle.
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Looks like the last down wave of the 5-3-5 correction is done on the 4 hourly chart?
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Waiting to enter this one. Thank you
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Nice ! Thank you !
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Great Tech...thanks
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thanks for the nice share. You're great! :)
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Thanks for the sharing, highly appreciated !
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Just want to get an idea of how you are reading the RSI. I see that you are using a higher low as a bullish signal, but if you look at the RSI from mid March to the beginning of April , it appears to be doing the opposite, yet it was followed by very bullish moves in the price action throughout April. Any thoughts on this? Thank you.
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I'll check this come Monday.
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nice popgun in the daily chart
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