NotSoberTrader

Anticipated Entry Levels for XAG Swing Trade

Long
NotSoberTrader Updated   
OANDA:XAGUSD   Silver / U.S. Dollar
Trend: Strong up

Wave:
- Five wave completed; plan to enter in pullback to .382 ret of bullish swing
- First ABC completed with an X count to the upside (preliminary ~ .618 of W); anticipate second ABC (Y)
- .382 ret of bullish swing is in confluence with .786 ext of W-X

Structure:
- .382 ret of bullish swing is in confluence with wave 4 of one degree smaller

Entry plan:
- Limit buy laddering from $23.05 - $22.32

SL:
- Manual
- Closing price on the daily below $22.95

Re-evaluate:
- Daily close above $27.7
Comment:
Edit -
SL:
- Manual
- Closing price on the daily below $22.75
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.