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Market Commentary:
1. 5 waves in a bullish pattern completed and i am expecting the correction in 3 waves as a bearish.
2. This is a weekly TF so understand the Elliot WAVE Theory and find the trend.
3. I mentioned here the 38.2 Fib retracement for the whole trend is the target 1.
4. Target 1 wave may be 5 waves to the downside or it could be a flat correction too.
5. It will take time to reach or in ONE DAY like SILVER it can do....LOL
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
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
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