The silver chart shows a situation very similar to that of the gold chart. I believe that Wave 5 is nearing its end, but the most important question is how far Wave 5 is capable of pushing the price down. It may be truncated and end around the 63.7 level.
In any case, I would keep an eye out for an upward move at least to the resistance area of 78.678.
This would mark the start of a larger “V” wave.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
In any case, I would keep an eye out for an upward move at least to the resistance area of 78.678.
This would mark the start of a larger “V” wave.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
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🟢 Contact: t.me/Hellena_FX
🌅 INSTAGRAM: instagram.com/hellena_trader
🟢 Contact: t.me/Hellena_FX
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Free TELEGRAM channel: t.me/HellenaSignals
🌅 INSTAGRAM: instagram.com/hellena_trader
🟢 Contact: t.me/Hellena_FX
🌅 INSTAGRAM: instagram.com/hellena_trader
🟢 Contact: t.me/Hellena_FX
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.