XAGUSD: Bearish Wolfe Wave pattern - Daily silver
A bearish Wolfe Wave has formed inside the channel for the Daily Silver chart.
Price should reach around 18.1 in a couple of weeks
There is regular time between all waves, and if we continue this time to match the trend line created by waves 1 and 4 we get point (6). This i where price should head to after completion of wave 5.
At point 6 I believe silver will start to come back up as it can't go much lower due to the cost of producing silver
Price should reach around 18.1 in a couple of weeks
There is regular time between all waves, and if we continue this time to match the trend line created by waves 1 and 4 we get point (6). This i where price should head to after completion of wave 5.
At point 6 I believe silver will start to come back up as it can't go much lower due to the cost of producing silver
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.
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.