SILVER: Still one more wave to 25.6 ?
#OPINIONLEADER# #ElliottWaves# #Silver# #Commodities# #ForexEducation#
Market Commentary:
1. Previous i thought the bull rally got ended @ 24.6 zone and we are in the bearish...
2. But later my stop got triggered and it extended as i shown in the chart...
3. Now i am expecting wave iv) will complete soon may be in a simple or a complex correction.
4. Now my plan is to place a sell limit @ 25.6 zone with strict STOP @ 26.950 (In positional view it could be a triangle and wave "E" cant go beyond that 25.930).
5. My target is below 20$ in short term positional view. If it hit my Stop in selling then we need
watch for that 29$ .
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
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