Silver has had a shallow retrace to the .236 level of the first wave. Providing an upside break of this ascending triangle (and hopeful retest as support) this would be a great set up to push towards the next Fibonacci extension levels (posted below).
The line target is a clone of the height of the triangle.
The line target is a clone of the height of the triangle.
Note
$53 dollar target, providing the upside break of this ascending triangle:Note
Comparing the past cycles for some pure unadulterated hopium. Snort it up, boys!Cycle 1)
Cycle 2)
Cycle 3?)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.