Dear All,
Silver Cracking very fast ......... we also got stopped out ..........now just see how price action is unfolding or most likely to do ....
Big Picture We are declining in an impulse
Might have completed min tgt but when we examine subdivisions they indicates more downside
Wave 3 did 161.8% App
Wave 4 did .382% ret
Now see how price are unfolding from in Major 5
We now see price action happening in Wave 5 subdivisions
As you will see we are in minor 5 of major 5
Now we examine sub divisions of Minor Wave 5
Minor wave 3 did .224% app
Wave 4 did .236% ret and did Irregular
Minor wave 5 is going down with wave 3 down in progress
We expect termination of this downfall is very close ....on reversal set up we will recommend to buy @ lower levels for " Major Move on Upside"
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Thanks & Regards
Abhay Mehrotra
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