ChartWizardTrading

Silver: Massive Bullish Potential

Long
OANDA:XAGUSD   Silver / U.S. Dollar
Similar to that of Gold, Silver is also in an extreme bullish Elliott Wave formation. While alternate counts exist, I’ve learned over my time practicing as an Elliottician to take what the market gives you. Manage your risk and co spider the setup as a potential 1-2-1-2 entering the third of a third wave. The risk reward ratio for Silver has rarely been more lopsided.

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