SILVER , perhaps a wave 4 coming before next leg up, wave 5/C ?
I'm not 100% for sure on this, but i feel I miss a wave 4 here, before it meet that down trendline (black dotted). RSI is high here, ca 83 in this 4h chart now.
Wave 4 could be a retest of a neckline for a possible invert HS too. We try it, and see if any of this will come true....
I'm no expert in wave-counting, have just tried to use mye best knowledge so far. Don't take it as any trade advice, before u also are convinced about it.
Wave 4 could be a retest of a neckline for a possible invert HS too. We try it, and see if any of this will come true....
I'm no expert in wave-counting, have just tried to use mye best knowledge so far. Don't take it as any trade advice, before u also are convinced about it.
Note
A pic of the hole inverted HS, with the NECKLINE , the biggest one. It's also a smaller one lower there... U see it....Note
DXY.... let's see if it's more to it here...>> wave 5 ?Note
Silver >> 16 ?Note
Note
Some consolidation to notice.... Note
Watch this 16.22 level now, heavy resistance, next 12-24 hours, observe whats happening here.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.