Silver is currently in wave 2, which appears to be a 335 flat correction. Wave A had 3 waves and now we're in wave B where we're expecting another 3 wave structure.
It appears as the bottom is in so we can use the lows as invalidation level.
Trade Idea: - you can either enter now with stops below the lows - Or wait for a pullback (retracement) and enter with stops below the lows - Targets: 24, 25, 26.
We may make an expanded or contracted flat correction so just manage position as we move higher.
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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.