XAGUSD, Bullish Momentum again .

From the Low of Aug to High of Oct Silver gave a good impulsive move , then a A-B-C correction , Shorter TF below Daily the C wave was an extended C and did the Depth of Correction( Correction up to 4th of one lesser degree).
Now looks like a new impulse to start 1&2 done with 78% retracement where 2 is a sharp correction . I have placed a entry 30.29 and got it SL is 30.22 Target 1 is 31.52 and final target may be 32.99. This is not a investment advice but sharing it for my own learning and education purpose only .
Uwaga
For this particular trade SL Hit ... But is view to be change .... Not yet . To change the view from Bullish to Bearish..
1. Dow theory to be changed ( Still a Higher high ).
2. Down side TL Break Down needed .
I am not looking to short it . but will see if any good oppturnity to go long .
(5.15am , Nov 28,2024 IST)
Uwaga
Those who shorted are trapped now , possibility of good upside move ...
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