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Old 15-02-2021, 06:07
MikhailLF MikhailLF is offline
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Join Date: Sep 2017
Posts: 795
Default Re: Forex News Analysis by LiteForex

XAG/USD: wave analysis

The pair may grow.

On the daily chart, the first wave of the higher level 1 of (3) formed, and a downward correction developed as the wave 2 of (3). Now, the third wave 3 of (3) is forming, within which a local correction has developed as the wave ii of 3, and the wave of the lower level (i) of iii of 3 is forming. If the assumption is correct, the price will grow to the levels of 33.0035.00. In this scenario, critical stop loss level is 25.82.



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