SILVER
On the intraday chart of Silver we see a nice complex correction taking place, specifically in wave 4) as a probable triangle pattern. As such, more upside may come in play, above wave 3) highs into the final wave 5). We know that triangles are nice continuation patterns, so ideally, wave E will complete soon and push the price above wave D swing.; a confirmation point for higher prices.
SILVER, 1H
Crude OIL
Crude Oil keeps trading nicely higher now already around the 44.77 mark, after a five wave extended structure unfolded in previous wave 3. As such, the recent intraday movement may be the start of a fourth wave correction, with an ideal reversal zone lower from the 45.92 mark.
Crude OIL, 1H
