Silver 4h, inverse HS, is very likely now, w guidance in chart. RS (right shoulder) building, could be the next movement. If RS will not become as deep as LS, that's a bullish sign, and we should expect a break up above, a move >> 5 , which will be wave (1), and then a down to retest of neckline = (2). And from there a good run >> (3) (top).
IF, RS seems to become deeper, and lower than 17.6, we need to rethink it again. Double bottom at 17.6 is of course also one option.... :)
IF, RS seems to become deeper, and lower than 17.6, we need to rethink it again. Double bottom at 17.6 is of course also one option.... :)
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2h-chart... let's watch next candles, and PA (price-action) now.
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1h-chart... notice the shooting star at top. also 5 smaler waves inside 1 > 2 wave.
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This got wrong : " also 5 smaler waves inside 1 > 2 wave."Shall be : " also 5 smaller green waves, inside 2 > 3 (blue wave).
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30min, with a lot details.....
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New situation, price did jump some, and then did some correction during the day.
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