XAG/USD: WAVE ANALYSIS

avatar
· Views 117
XAG/USD: WAVE ANALYSIS
Scenario
TimeframeWeekly
RecommendationBUY
Entry Point24.23
Take Profit26.10, 28.80
Stop Loss23.75
Key Levels21.76, 23.00, 23.75, 26.10, 28.80
Alternative scenario
RecommendationSELL STOP
Entry Point23.70
Take Profit23.00, 21.76
Stop Loss24.05
Key Levels21.76, 23.00, 23.75, 26.10, 28.80

Growth 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. Now, a local correction has ended as the second wave 2 of (3), and the development of the third wave 3 of (3) has started, within which the wave i of 3 is forming. If the assumption is correct, the XAG/USD pair will grow to the area of 26.10–28.80. In this scenario, critical stop loss level is 23.75.

XAG/USD: WAVE ANALYSIS

XAG/USD: WAVE ANALYSIS

Main scenario

Long positions will become relevant above the level of 23.75 with the targets at 26.10–28.80. Implementation period: 7 days and more.

Alternative scenario

A breakout and the consolidation of the price below the level of 23.75 will let the asset go down to the area of 23.00–21.76.

免責事項:本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。

この記事が気に入ったら、著者にチップを送って感謝の気持ちを表しましょう。
応答 0

  • tradingContest