XAG/USD elliot wave countFXOPEN:XAGUSD
📊 Silver – Elliott Wave Analysis (Overview)
🔹 Macro Structure:
We’ve already completed the larger Wave 3 and are now transitioning into Wave 4.
🔹 Corrective Structure – Wave 4:
The A wave of the correction is already completed.
The B wave has also been completed.
We are now in the process of building the C wave, which will complete Wave 4.
🔹 Internal Structure of Wave C:
From the end of Wave B, we’ve already formed a (1) and (2) (in brackets).
Within this move, another smaller (1) and (2) have now unfolded, and we are currently on the way to the (3) of C.
🔹 Market Context:
Target zones and entry zones are already marked on the chart.
These zones can still be adjusted, depending on how price action develops in the coming days.
