meszaros

XAGUSD (silver) starts to climb...

Long
meszaros Updated   
OANDA:XAGUSD   Silver / U.S. Dollar
From the analysis it can be seen that the fractal sequences do not follow each other in amplitude of 1-2 or 2-1. But in the proportions above the fractal arrows. The point is that the next sequence of the exchange rate is not 1-2 but 1-2.25. This is an important factor. After all, the answer is not 2-1 but 2-0.75. Because exchange rate amplitude shifts higher by 0.25% ATR. This also marks the beginning of a stronger uptrend. In short, the current silver exchange rates are suitable for long positions.
Comment:
False: After all, the answer is not 2-1 but 2-0.75.
Correct: After all, the answer is not 2-1 but 2.25-0.75.
It is because the wave sequence is shifted by 25% relative to ATR.
I apologize for the mistake.

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