XAG/USD: WAVE ANALYSIS

avatar
· Views 134
XAG/USD: WAVE ANALYSIS
Scenario
TimeframeWeekly
RecommendationSELL
Entry Point21.81
Take Profit19.56, 18.80
Stop Loss22.35
Key Levels18.80, 19.56, 22.35, 23.72, 24.95
Alternative scenario
RecommendationBUY STOP
Entry Point22.40
Take Profit23.72, 24.95
Stop Loss21.95
Key Levels18.80, 19.56, 22.35, 23.72, 24.95

A fall is possible.

On the daily chart, a downward correction of the higher level ended as the second wave (2), and the third wave (3) develops, within which the entry first wave of the lower level 1 of (3) formed, and a correction develops as the second wave 2 of (3). Now, the downward wave c of 2 is developing, within which the wave (iii) of c is forming. If the assumption is correct, the XAG/USD pair will fall to the area of 19.56–18.80. In this scenario, critical stop loss level is 22.35.

XAG/USD: WAVE ANALYSIS

XAG/USD: WAVE ANALYSIS

Main scenario

Short positions will become relevant below the level of 22.35 with the targets at 19.56–18.80. Implementation period: 7 days and more.

Alternative scenario

A breakout and the consolidation of the price above the level of 22.35 will let the asset grow to the area of 23.72–24.95.

إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.

هل أعجبك هذا المقال؟ عبّر عن امتنانك بإرسال نصيحة للكاتب.
الرد 0

اترك رسالتك الآن

  • tradingContest