XAGUSD (1D) - Silver in a trap and ready for further fall ?
Hello traders,
This time just quick idea, as the chart shows at 1D tf. Silver formed potential local bottom and could be ready for huge growth. Just the candles of last few days formed strange overlaping.
So i hesitate to mark this structure as impulsive wave UP.
Be carefull, its bettter to wait for trend confirmation before we know it really was the bottom. ;)
Trade safe and enjoy the ride.
This time just quick idea, as the chart shows at 1D tf. Silver formed potential local bottom and could be ready for huge growth. Just the candles of last few days formed strange overlaping.
So i hesitate to mark this structure as impulsive wave UP.
Be carefull, its bettter to wait for trend confirmation before we know it really was the bottom. ;)
Trade safe and enjoy the ride.