Silver FuturesLong
Silver futures. Possible Ending Diagonal wave C. Reversal soon
Updated
Futures show volume and it was needed for my chart so I prefered it to spot xagusd
Very clean chart formation.
Looks like it shows the finish of correction.
Volume and MACD confirm wave 3 in Ending Diagonal.
Break above the upper trendline would confirm the reversal.
Price is slightly above 78.6% Fib which is very common for ABC corrections.
Price action can take time as weekly charts are here.
Very clean chart formation.
Looks like it shows the finish of correction.
Volume and MACD confirm wave 3 in Ending Diagonal.
Break above the upper trendline would confirm the reversal.
Price is slightly above 78.6% Fib which is very common for ABC corrections.
Price action can take time as weekly charts are here.
Note
Update. Triangle. Price approaches upper trendline. Watch breakup.Note
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update with adjusted Elliott Waves countNote
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4H chart update
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