New Chart Analysis Thread, page-36

If silver has bottomed, like most believe, then we can expect an explosive wave 3 of iii over the coming weeks/months. I'm a rank amateur in EW, but below is my wave count. Just a reminder that I am only showing wave 3 of iii. We still have a wave 4 correction and final wave 5 to complete wave iii which I have shown in red and price targets for these waves have no relevance until wave 3 of (iii) completes. I have drawn in two down sloping trendlines which appear to intersect at 12c. So, a close above 12c would add confirmation of a bullish breakout.