XAG/ USD
Here on the Silver Dollar we have a bearish Deep Gartley. PA has reacted to give us a Type 1 reaction and now were waiting on price to trace back up to the Yellow Line or to where the point is at on the "triangles". The yellow line is the 886 point of the Deep Gartley and the "point" is the completion point of the ABCD pattern.
הערה
What I am basically looking for is for price to re-test 26.5X level and a strong decision candle down. The re-test should throw the oscillators into extreme ranges and the decision candle should be the move. Currently on the 10Y Yields we are throwing an indecision candle now... so i am sitting and waiting.הערה
XAG is not moving well for my criteria for entry. as stated earlier i am looking for a re-test of the 26.5X level and a nice solid move down. I am not a metal trader, but it is/ was a beautiful pattern. Still waiting for my re-test before entry.הערה
Okay, so what were looking at still a reaction move. If PA makes it to the 382 then we have a type 1 reaction; however if it doesn't make it that high then we we will need to wait for the oscalitors to go into the extreme and then enter on the way out of the extreme area. הערה
the 382 of the pattern is the second yellow line.עסקה סגורה: הגיע לסטופ
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