XAGUSD: look for bull continuation

14 de jan. de 2019

Silver probably still have a good chance to continue moving upward. As you can see on the picture, now XAGUSD is still in correction phase, apparently there also still more chance for it to go down deeper to complete wave C(white)
There is blue line which I set to be my resistance line to mark wether the correction is done. If it goes up and break the line then the setup is complete, consider to open long.
But still, this idea consist only 1 simple scenario (simple zigzag correction). There always another posibility for it to make another complex correction pattern.

Remember to manage your own risk. That's all Cheersss!!!

25 de jan. de 2019

Nota

Breaking Blue line, next target break 15.88 hopefully

Cheerrss!!