Dear All,
Silver been very Choppy in last few days ...............lets analyze where we are " Likely" to head ....
Kindly chk charts
1. It seems we are In wave 4 ..........might be forming triangle and completed wave b of wave 4 and can start wave c of wave 4 on upside .........." Triangles are very tricky to trade ........traders need to be very careful to trade triangles .
Silver been very Choppy in last few days ...............lets analyze where we are " Likely" to head ....
Kindly chk charts
1. It seems we are In wave 4 ..........might be forming triangle and completed wave b of wave 4 and can start wave c of wave 4 on upside .........." Triangles are very tricky to trade ........traders need to be very careful to trade triangles .
Daily Chart It Hit very close to 61.8% retracement
target of wave b triangle
61.8% ret was 46713 it make low of 46866
Daily chart Subdivisions & Tgt on Upside
Its Buy on dips Now in Silver Til 46800 Hold
Thanks & Regards
Abhay Mehrotra
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