SILVER (XAGUSD) - looking for C wave before the fall? for FX:XAGUSD by fra978

SILVER (XAGUSD) - looking for C wave before the fall?

If we are correcting inside an expanding wedge, preparing for the 5th wave we might looking long for the inner C around 24.900 and then short all the way down deeply below 23.

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in case of stop on the long, then probably the B is not completed yet and will goes lower

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updated possibile count:

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updates:

short area for the end of C point would be beetween 24.6 and 24.8

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we are looking for alternative counts, because in case will breaks the 62.8% retracement, the 4th wave is not a valid one and it has to be something else:

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we are two kind of scenarios, the first one is that we have done with ABC correction and we would see a move down at least at the bottom of the red channel, the second one is that we will break up the channel and we will see a rally up:

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soon i will post a new idea cause we got the stop in this one.

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last updated idea:

fra978

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