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 ....