Elliot + Fib (0.5)
מעודכן
So as you can clearly see, Silver supporting (0.5) base on corrective wave 2 and also tends to support (0.5) base on corrective wave 4. And that is kind of interesting.
On 1 Week Silver , it does not show any common relationship on corrective wave 2 it follows (0.786) base whereas on corrective wave 4 it (till now) it follows (0.382) base. i personally do not think it will come down to (0.786) base as it will eventually will be a sign towards downtrend in market and that (0.786) base is round about at 15.40000.
You can check 1 Week analysis on my profile.
Any kind of constructive criticism will be appreciated :D
On 1 Week Silver , it does not show any common relationship on corrective wave 2 it follows (0.786) base whereas on corrective wave 4 it (till now) it follows (0.382) base. i personally do not think it will come down to (0.786) base as it will eventually will be a sign towards downtrend in market and that (0.786) base is round about at 15.40000.
You can check 1 Week analysis on my profile.
Any kind of constructive criticism will be appreciated :D
הערה
On 1 Week, Silver supporting (0.382) base on corrective wave 2 and also tends to support (0.786) base on corrective wave 4.And that is kind of interesting.Why is it interesting? As (0.382) is 1 level above than (0.5) and (0.786) is 1 level below than (0.5). So we can say its following change in shift of Fib Retracement. If it is correct then from this area we going for Elliot 5th Wave.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.