Silvers Next Play - Elliott Wave Diagonal

17 déc. 2024

Looking to go Long on silver with a similar double bottom move like before
except this time the percentage gain is less with ~10% decrease each wave

First wave ~40%
Second wave ~30%
Anticipating this next move to be ~20%

🎯Target $36

Note:
The ABC correction wave 4 is a bit off but will have to do for now

Still waiting for my confirmation setup then I'm jumping in for the swing.

21 déc. 2024

Note

Never took this trade as I didnt get my confirmation and price broke below structure

Next attempt to buy in will be around $27 support meeting up with EMA support (purple)

Figures why the "ABC" pattern on correction 4 never played out right.

31 janv.

Note

ABC pattern is complete we now need to see the impulse wave develop.

Even if its not doing the Elliot wave anymore we can still expect to see $36 based on price action building structure off the lower trendline in the new updated post.