Silver is all ready to go down to hell and maybe bullish after T3 is achieved. After attaining T1 (23.365) there will be a 50% fib retracement of the rally and it will further move down towards T2 and T3 according to Trend based fib retracement.
The above study is backed by Fib, Trend-based fib, Elliot Waves, Dow theory, 50 and 200 EMAs, MACD and RSI.
Believe me.
Fib , Trendbased Fib along with Dow theory and Elliott wave theory work to Razer perfection.
Every target has been achieved so far.
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Target 21.650
Silver will charge up with a C wave on 4hrly giving Fib based Fib target of 1
After having completed a A long term way, this will be retracement B wave and after touching 21.650, it's a sell. You can then enter a short position after trend line breakdowns
Studying the Elliott wave structure that silver has been following, the fib levels that is had tested recently and the bull rally that has been running in the 4 hrly.
This is what I call a boom boom buy 💥
