XAGUSD Daily - bearish Max butterfly
Hello.
Silver just completed the Max butterfly pattern so it can start its corrective wave. The target I showed on the chart is first and not final, It depends on the candlestick patterns there.
If price breaks that level, next target is 14.5$ and if it won't you can expect another bullish move afterward.
I'll Share my trading Idea about silver when the price hit the first target.
P.S: if silver wouldn't make a bearish move, you can expect the price will meet 15.5 eventually.
Silver just completed the Max butterfly pattern so it can start its corrective wave. The target I showed on the chart is first and not final, It depends on the candlestick patterns there.
If price breaks that level, next target is 14.5$ and if it won't you can expect another bullish move afterward.
I'll Share my trading Idea about silver when the price hit the first target.
P.S: if silver wouldn't make a bearish move, you can expect the price will meet 15.5 eventually.
Trade fermée: ordre d’arrêt atteint
Update on this analysis:
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.