The best silver trading signals today live presented by Free Forex Signals
SILVER
SELL @ 15.50
TP @ 14.70
SL @ 15.90
type order Market Execution is entering this trade at any price from
technical analysis and forex signals for silver
waves in the same direction will tend toward equality
Silver prices formed zigzag pattern from 21-4-2020 and the wave A from level 14.50 to 15.50 and the C wave from 14.65 to level 15.65 while Wave C = Wave A = The most common
Riding Wave C in a potential Zigzag or flat
Trend continues till gives a reversal signal
on hourly chart the Last wave determine the end of the pattern and Consists of zigzag that generate sell silver forex signals
reversal candlestick pattern on hourly chart is bearish engulfing pattern
The price behavior is the result of Environmental patterns
Current surrounding Repetitive pattern zigzag Wave C = .618 Wave
repetitive fibonacci ratio is 62%
History Repeats Itself that the future is just a repetition of the past
The length of the bearish movement from level 15.85 to 14.50 level appeared before on price chart on the same phase of trend on top of trend at 19-4-2018 and it was followed by bullish wave
We expect price will repeat the same movement again and gold price will be followed by equal movement at least and maybe rise to 15.85
And also it appeared before on price chart on the same phase of trend on top of trend at 11-2-2016 and it was followed by bullish wave that exceed the current top about 20 pips in this case silver prices maybe reach to 16.05
The high degree wave will look like the first wave shape and the current bullish wave will equal 62% of the previous wave
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