XAGUSD - Metals Trading | Elliott Wave Structures I Q2 2019
Updated
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XAG/USD - Elliott Wave Outlook
Bullish Swings - Patterns:
ABC Swing in Primary X (purple)
Leading Diagonal in Intermediate (A) (blue)
Expanding Flat in Intermediate (B) (blue)
Ending Diagonal in Intermediate (C) (blue)
Bearish Swings - Patterns:
ABC Wedge Formation in Intermediate (A) (blue)
Next expected swing:
Bullish sequence in Intermediate (B) (blue)
Structure change:
A breach of the lower trend-line from the Ascending Channel could result in more weakness ahead
More details about me in my signature.
XAG/USD - Elliott Wave Outlook
Bullish Swings - Patterns:
ABC Swing in Primary X (purple)
Leading Diagonal in Intermediate (A) (blue)
Expanding Flat in Intermediate (B) (blue)
Ending Diagonal in Intermediate (C) (blue)
Bearish Swings - Patterns:
ABC Wedge Formation in Intermediate (A) (blue)
Next expected swing:
Bullish sequence in Intermediate (B) (blue)
Structure change:
A breach of the lower trend-line from the Ascending Channel could result in more weakness ahead
Note
XAGUSD needs to be monitored with this bullish swing.Trade closed: target reached
AMAZING SWING !Note
I am now turning bearish on SILVER (XAGUSD)
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