Silver / U.S. Dollar
Long
Updated

SILVER - CORRECTION AND TARGETS

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Silver will have at least a C leg in it's correction. Do not forget there MIGHT be D and E legs also. Calculate your risks.

My plan: I will enter on C leg, if it goes up and breaks out, i will take my profits earlier, if it takes 5 legs to end the correction, i will have much higher targets, may be 26 usd

Targets: 23 usd - 26 usd

Dont forget stops
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15th or 18th of November MIGHT be a good time to catch the knife around 15.8 to 16.2 usd

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Still not finished the correction, patience will pay off

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I didn't like how silver ends the correction but it is still valid


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I am still skeptical about the correction type but no problem as long as it works
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We should wait the daily level correction and buy the dips from now on
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Trade closed: stop reached
Longs closed at 18 usd signal
It is also a short signal but rather wait for another confirmation

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