Silver futures. Possible Ending Diagonal wave C. Reversal soon
Futures show volume and it was needed for my chart so I prefered it to spot xagusd
Very clean chart formation.
Looks like it shows the finish of correction.
Volume and MACD confirm wave 3 in Ending Diagonal.
Break above the upper trendline would confirm the reversal.
Price is slightly above 78.6% Fib which is very common for ABC corrections.
Price action can take time as weekly charts are here.
Very clean chart formation.
Looks like it shows the finish of correction.
Volume and MACD confirm wave 3 in Ending Diagonal.
Break above the upper trendline would confirm the reversal.
Price is slightly above 78.6% Fib which is very common for ABC corrections.
Price action can take time as weekly charts are here.
Note
Update. Triangle. Price approaches upper trendline. Watch breakup.Note
UpdateNote
Update. Breaking...Note
update with adjusted Elliott Waves countNote
Note
4H chart update
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.