SOLID ECN LLC
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Silver - A fall is possible.
On the daily chart, a downward correction of the higher level develops as the second wave (2), within which the wave C of (2) forms. Now, the fifth wave of the lower level v of C of (2) is developing, within which the wave (iii) of v is forming.
If the assumption is correct, the pair XAGUSD will fall to the area of 15.8 – 14.5. In this scenario, critical stop loss level is 20.91.
On the daily chart, a downward correction of the higher level develops as the second wave (2), within which the wave C of (2) forms. Now, the fifth wave of the lower level v of C of (2) is developing, within which the wave (iii) of v is forming.
If the assumption is correct, the pair XAGUSD will fall to the area of 15.8 – 14.5. In this scenario, critical stop loss level is 20.91.