Similar to that of Gold, Silver is also in an extreme bullish Elliott Wave formation. While alternate counts exist, I’ve learned over my time practicing as an Elliottician to take what the market gives you. Manage your risk and co spider the setup as a potential 1-2-1-2 entering the third of a third wave. The risk reward ratio for Silver has rarely been more lopsided.
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Want to learn to count like me? Visit wavecounts.com for loads of content and a free trial.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.