XAGUSD - Possible triangle on the horizont :D
This chart is just quick idea what could possibly happen with Silver. (in next 1-2 years)
So I will definitely wait for confirmation of wave down. Most likely depends on next moves of Gold. (And stupid actions of FED / ECB). But we could form HUGE triangle = accumulation zone.
We have to stay inside oc "invalidation zones" to keep triangle valid and form 3-3-3-3-3 subwaves.
Stay tuned, have fun and GL.
So I will definitely wait for confirmation of wave down. Most likely depends on next moves of Gold. (And stupid actions of FED / ECB). But we could form HUGE triangle = accumulation zone.
We have to stay inside oc "invalidation zones" to keep triangle valid and form 3-3-3-3-3 subwaves.
Stay tuned, have fun and GL.
Trade active:
Hi Traders, we are are almost ready to finish wave D and reverse trend Up for wave E. Be ready to enter and set your Sto-loss below yellow invalidation level ;)
Good luck
Good luck