XAGUSD recent wave

2020年7月8日

We got targets, color coded for your pleasure.

C=14.54
D=18.38
E=16.95
so,
resistance is at NT=19.36
our high probability targets are
N=20.79 and
V=19.81
With our most ambitious target for this move at
E=22.22

Don't confuse target E with point E of wave CDE.
You would do well to compare projected targets with previous highs/lows which may strengthen or weaken resistance zones.
Enjoy

2020年7月14日

註釋

The precious white metal has hit and is in the process of surpassing NT, the first target/projected resistance

2020年7月21日

註釋

NT has been surpassed. V target has been hit.

2020年7月21日

註釋

V target has been surpassed. N target has been hit.
This move looks stronk.

2020年7月21日

交易結束：目標達成

Our E target has been reached. This is quite an explosive movement for silver. We need more price structure to develop for us to properly guess what the next short term target may be, and the price appears to be going parabolic with few projected resistances. If you have leveraged positions, I would consider loosening them and looking for a reentry.