SteynTrade

XAGUSD Correction complete?

Long
FX:XAGUSD   Silver / U.S. Dollar
Silver has been in a corrective structure and for some time. Price has reached the 1.618 extension of the lower median line. A no demand candle (low volume / small spread) with increasing volume on the subsequent move is indicating a good probability long entry. Looking for a move to the upper pitchfork median line.

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