XAG/USD: WAVE ANALYSIS

avatar
· Views 129




XAG/USD: WAVE ANALYSIS
Scenario
TimeframeWeekly
RecommendationBUY
Entry Point28.00
Take Profit31.65, 35.50
Stop Loss26.80
Key Levels25.90, 26.81, 27.90, 31.65, 35.50
Alternative scenario
RecommendationSELL STOP
Entry Point27.85
Take Profit26.81, 25.90
Stop Loss28.45
Key Levels25.90, 26.81, 27.90, 31.65, 35.50

Growth is possible.

On the daily chart, the third wave of the higher level (3) develops, within which the first wave 1 of (3) formed, a correction ended as the second wave 2 of (3), and the wave 3 of (3) develops. Now, the entry first wave of the lower level i of 3 is developing, within which the wave (iii) of i is forming. If the assumption is correct, the XAG/USD pair will grow to the area of 31.65–35.50. In this scenario, critical stop loss level is 27.90.

XAG/USD: WAVE ANALYSIS

XAG/USD: WAVE ANALYSIS

Main scenario

Long positions will become relevant above the level of 27.90 with the targets at 31.65–35.50. Implementation period: 7 days and more.

Alternative scenario

A breakout and the consolidation of the price below the level of 27.90 will let the asset go down to the area of 26.81–25.90.


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

  • tradingContest