@slp.charts: โช XAGUSD ($XAGUSD) on the 4-hour chart: is wave c heading below $50? ๐ XAGUSD trades at $52.465. โฑ๏ธ 4-hour chart (4H) Elliott Wave scenario: โข Wave a may be complete at V and b at the falling trendline. Wave c could now run lower to complete (z) and with it wave X. โข Bull case: above $58.760 the count is invalid and the alternative runs higher (green dashed). ๐ Learning: wave c is always a five-wave move โ watch for five waves down. Follow for more analysis: ๐ฌ๐ง @slp.charts ๐ฉ๐ช @wellencharts ๐ฌ Where do you see the low for XAGUSD? ๐ Charts by TradingView โ ๏ธ This content is provided for educational and informational purposes only and reflects a personal market analysis based on Elliott Wave Theory. It does not constitute investment advice, financial advice, or a recommendation to buy or sell financial instruments. #slpcharts #xagusd #silver #elliottwave #trading
