SILVER Elliott Wave Technical Analysis – Charts Only | Lara Iriarte …

SILVER Elliott Wave Technical Analysis – Charts Only | Lara Iriarte …


SILVER Elliott Wave Technical Analysis – Charts Only

By:

Lara Iriarte

| Thu, Jul 10, 2014

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Main Wave Count.


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Larger Image

Alternate Wave Count.

The triangle is starting to look strange because the overshoot of the A-C trend line for minor wave E looks too big. Therefore, I have the alternate idea below.


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The end of minor wave B, the ending diagonal of minuette wave (v), does not have a good fit. This reduces the probability of this wave count. The main wave count has a better fit for this piece of movement.


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Author: Lara Iriarte

Lara Iriarte
elliottwavegold.com

Elliott wave is one of the more difficult and complicated technical analysis tools. When done right it can be uncannily accurate.

I have been using the Elliott wave principle to analyse up to five markets a day since 2008. I began Elliott Wave Forex (originally ForexInfo.us) in 2009 to provide daily analysis of EURUSD and GBPUSD, then I began Elliott Wave Stock Market in 2010. Elliott Wave Gold began in August, 2013. Currently I provide daily analysis of Gold on this site, and daily analysis of the S&P 500 on Elliott Wave Stock Market for its members.

I have a science background (BSc) which has trained me to think logically and be evidence focussed. Over the years I have seen no market movement which does not fit into the clear and restrictive rules for Elliott wave structures.

I have members who are fund managers, institutional investors and professional traders.

If you want to learn how to apply the Elliott wave principle to any market my analysis service is designed to teach you, daily, how to do this.

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