SILVER 0.30% $15.25 silver futures

Hi Skol,I actually think most diagram examples of chart patterns...

  1. 83 Posts.
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    Hi Skol,

    I actually think most diagram examples of chart patterns do a disservice to those learning TA, but here's a few alternate interpretations.

    https://hotcopper.com.au/data/attachments/2880/2880828-eea5504950de5e70a613ff64953743a6.jpg

    These are all mostly valid, but really what I believe to be more powerful are Elliott Waves, and here's what I've come up with:

    https://hotcopper.com.au/data/attachments/2880/2880832-39c0a8c31157cb2a040f6faeeeff90a7.jpg

    The March crash ended a cycle tier correction and we're in a new bull run!

    Projecting wave I off of II and using 1.618 ratio as a target level, we're left with a price target of ~$85.50.

    https://hotcopper.com.au/data/attachments/2880/2880833-b7524d8060bacbce381e0198abf2ee58.jpg

 
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