Silver 3D Gann Fan and EW Analyse !!
Updated
Hello trader,
good mood and profitable deals! 💲
In 2011 we hit the high at 49,831!!
After a long sideways period until 2020, the silver price turned around at 11,631 ☝
The Gann Fan 3/1 also points to further upward movement 👌
From here the EW count begins !!
Wave🌊 1 ended at Gann Fan 4/1 and corrected IMO in a triangle, 0.618 or sideways
Wave 🌊 3 ends at 0.786, about 40 usd
If the bulls are not as strong as assumed, the movement with Wave🌊 C ends at 0.618, approx. 36 USD,
otherwise we can still count on Wave 🌊 5 at 47-48 usd after a correction
In terms of time, I suspect that we will reach the high in 2023-24 !!
I would like to mention that all I post are just options and my own opinion!
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
➡️If you like my posts smash the like👍👍 button, comment or follow me.⬅️
Thanks for reading my ideas!
good mood and profitable deals! 💲
In 2011 we hit the high at 49,831!!
After a long sideways period until 2020, the silver price turned around at 11,631 ☝
The Gann Fan 3/1 also points to further upward movement 👌
From here the EW count begins !!
Wave🌊 1 ended at Gann Fan 4/1 and corrected IMO in a triangle, 0.618 or sideways
Wave 🌊 3 ends at 0.786, about 40 usd
If the bulls are not as strong as assumed, the movement with Wave🌊 C ends at 0.618, approx. 36 USD,
otherwise we can still count on Wave 🌊 5 at 47-48 usd after a correction
In terms of time, I suspect that we will reach the high in 2023-24 !!
I would like to mention that all I post are just options and my own opinion!
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
➡️If you like my posts smash the like👍👍 button, comment or follow me.⬅️
Thanks for reading my ideas!
Note
Here is the current movement. Triangle - 0.681 - or sideways Note
Nothing came from the triangle, but a beautiful flag has formed 🏴🏴☠️The 4h cloud will give us support ☁☁🌊☁☁
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