I still see one more leg higher.
I’m also holding off, for now, on a long term count.. Why? Well, I told you NOT to trust my counting even though I do try. Remember, it’s all about the corrections – learn THOSE. Anyway, I see a VERY bullish count after these 5 waves complete but I don’t believe it. Right now, whatever wave this is or isn’t in the BIG SCHEME of things, I can see, pretty easily (which is scary) this as a wave 3 top – we are now correcting in a wave 4 – and then after this pullback we launch to new highs …
A nice ‘buy zone’ is appearing … this is what I’m monitoring to go LONG SILVER.
Below the lowest red horizontal line will, more than likely, lead to a loss as I just don’t see it going any lower than this BUT it’s all probability.
Last, note the how we are having the measured move corrections (red arrows) land right on the past .618 price projection. You’ve hard me say “remember the past price projections” as they count also! That’s a good first target and then, in this leg that I’m counting, we have 3 overlapping ratio’s along w/ structured polarity (resistance becomes support and support becomes resistance – polarity, yin-yang, divine feminine – divine masculine, good vs evil, light vs dark – this is a game of polarity folks – inhale, exhale.) on top of that confluence level. This looks nice …
5 waves down – A wave.
3 waves up – B wave (complete or a little higher)
5 waves down in a pretty nasty C wave into the buy zones as shown
BUY into new highs …
Cheers – Bart
