Silver - Completion of 5-wave structure
Price completed the lower degree 5-wave structure.
We are now expecting a deeper correction first before moving higher to complete the higher degree wave 5.
There is a divergence with MACD as well.
We are looking for short term short opportunity.
*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
We are now expecting a deeper correction first before moving higher to complete the higher degree wave 5.
There is a divergence with MACD as well.
We are looking for short term short opportunity.
*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
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