silver short on hourly candles for approximately 1-2 days
Updated
after impulsive 5 waves
the ongoing sideways formation is abc formation
the wave a of the same has been completed.
the wave b consisting of elliott triangle is marked by a-b-c-d-e
the current downside is the wave c and this should minimum reach the levels of wave A ,
ideally it is beyond that . ( we will review the TAKE PROFIT levels later .
GO SHORT ON this ...
I AM LONG in current future contract and short on next future contract.
OVERALL I am bullish on silver this is just short term trade ....
the ongoing sideways formation is abc formation
the wave a of the same has been completed.
the wave b consisting of elliott triangle is marked by a-b-c-d-e
the current downside is the wave c and this should minimum reach the levels of wave A ,
ideally it is beyond that . ( we will review the TAKE PROFIT levels later .
GO SHORT ON this ...
I AM LONG in current future contract and short on next future contract.
OVERALL I am bullish on silver this is just short term trade ....
Trade closed manually
close the short trade and book your profits ....
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