In my pursuit of wave theory excellence I'm doing this for all the markets I watch. Silver was a surprise to me. I found it possible that the big C wave ended where the bold C is marked. If that were the case we are in the start of a new bullish cycle for silver.
There is a clear 5 wave structure in the 1st wave
The corrective portion was harder for me to wrap my head around but I think my counts make sense and are confirmed with multiple AB=CD as confirmation
Green level is the completion of final AB=CD pattern and near .786 fib + key structure @ wave 2
There is a clear 5 wave structure in the 1st wave
The corrective portion was harder for me to wrap my head around but I think my counts make sense and are confirmed with multiple AB=CD as confirmation
Green level is the completion of final AB=CD pattern and near .786 fib + key structure @ wave 2
Komen:
