Hello followers!
Here is my first publication of my charts.
I see in XAG a Big Descending triangle formation and the E wave is a complex one because it is a triangle in a triangle. This is allowed and its common behavior on XAG.
If we take the thrust of the Big triangle, we have a target for 14.5$ an ounce.
I think we finnished a 5 waves down for the 1 and are now correcting for the 2
For me i am not trading this. Just waiting for the bottom is in to fill a bag of it
Here is my first publication of my charts.
I see in XAG a Big Descending triangle formation and the E wave is a complex one because it is a triangle in a triangle. This is allowed and its common behavior on XAG.
If we take the thrust of the Big triangle, we have a target for 14.5$ an ounce.
I think we finnished a 5 waves down for the 1 and are now correcting for the 2
For me i am not trading this. Just waiting for the bottom is in to fill a bag of it
Comment:
Comment:
Also if you look at the E of the triangle, it "overshoots"
That is very common for the E wave of a triangle
That is very common for the E wave of a triangle