XAG / USD ( Silver / U.S Dollar ) Technical Analysis Chart Update
Time Frame - M30
According to the Pattern it is Following the RISING WEDGE and its rejecing from the Lower Trend Line #LTL
Another reason for Sell is ELLIOT WAVE it has completed the Impulsive waves and Making its " B " corrective wave after that it will follow Sell trend to complete its " C " corrective wave and its possible that it will reject from the Fibonacci level 78.60%
If it rejects with the Strong Bearish Price Action it will be Good for Sell
Time Frame - M30
According to the Pattern it is Following the RISING WEDGE and its rejecing from the Lower Trend Line #LTL
Another reason for Sell is ELLIOT WAVE it has completed the Impulsive waves and Making its " B " corrective wave after that it will follow Sell trend to complete its " C " corrective wave and its possible that it will reject from the Fibonacci level 78.60%
If it rejects with the Strong Bearish Price Action it will be Good for Sell