Hi there,
XAGUSD is forming setup for more upside. If you guys are following me on Silver then i am sure you know we were longer term bullish on Silver from bottom.
Currently silver is forming continuation setup. Which can continue for one more bullish wave before drop or it can continue for up 20 or even more.
How you can trade on this chart.
1. Watch price action at trend line for long and then watch for the correction to break up.
In case price breaks the trend line and forms correction for more downside then look for more downside up to the previous bottom and then look for longer term buy again at the bottom.
Good Luck
XAGUSD is forming setup for more upside. If you guys are following me on Silver then i am sure you know we were longer term bullish on Silver from bottom.
Currently silver is forming continuation setup. Which can continue for one more bullish wave before drop or it can continue for up 20 or even more.
How you can trade on this chart.
1. Watch price action at trend line for long and then watch for the correction to break up.
In case price breaks the trend line and forms correction for more downside then look for more downside up to the previous bottom and then look for longer term buy again at the bottom.
Good Luck
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