SILVER-Seems we are in wave X) as a triangle or b) ?
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MARKET COMMENTARY:
1. It looks like X) wave may be a triangle and the invalidation for this is the previous high 28.745.
2. If it invalids then, that will become a regular flat chances for b) wave as shown in alternate wave.
3. My CONCLUSION is if i sell near by 27 $ then i will again sell if it comes to 29$ with STRICT stop loss @ 30.100 for the both position for the target 19$.
4. For both views i am looking for the target 19$ with SL either 3 wave s for Y) or 5 waves for C) of (b).
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
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