JUST TEST THE 0.618
A RALLY WILL START FROM HERE.
Two possiblity:
1. price rally to another 0.618 retrace from previous fall
2. an AB=CD move all the way to 22.50 which form a butterfly
Conclusion:
Long XAG now. stop below 19.60
First target : 20.86
2nd Target: 22.60
A RALLY WILL START FROM HERE.
Two possiblity:
1. price rally to another 0.618 retrace from previous fall
2. an AB=CD move all the way to 22.50 which form a butterfly
Conclusion:
Long XAG now. stop below 19.60
First target : 20.86
2nd Target: 22.60