Silver: The Bullish Case Rests on the Zigzag FamilySilver - CashCMCMARKETS:SILVERMehdi_Abbasi_EWP⏱️ Reading time: about 3 minutes In the bullish case, the current structure could complete with a Simple Zigzag. One reason this scenario remains structurally valid from the perspective of the Elliott Wave Principle is the alternation between corrective waves. The Wave II at the higher degree was an Extended Flat, while the current correction may develop with a sharper and different personality. From a corrective-character perspective, this combination can therefore remain consistent with the principle of alternation. In other words, the bullish case is currently in the hands of the Zigzag family. But one important possibility remains. If the current decline becomes more aggressive, we could be dealing with a more complex corrective structure. There is even a possibility that the market is completing the seventh swing within a Double Zigzag. In such a structure, Wave X can produce a sharp and deceptive movement, potentially leading traders to expect at least three waves higher, while the market is still developing within a larger correction. Therefore, if the market breaks the previous low and the decline accelerates, this interpretation would become increasingly relevant. On the other hand, if price moves higher without breaking the previous low, a Wave B may be developing. After B is complete, another decline could then develop toward a Classic Zigzag, particularly because the initial wave at the higher degree can be interpreted as a Leading Diagonal, followed by a three-wave retracement that would be compatible with this interpretation. The bullish case becomes structurally stronger if price breaks through the Bullish Confirmation area, develops a valid Motive Structure, such as an Impulse Pattern (Five Waves Up), and then continues with corrective movements that remain proportional to the degree and personality of each wave. So for now, the question is not about predicting direction. It is about identifying the structure. We may first see a sharp decline, another three-wave structure, or an even more complex correction. The market itself must reveal the answer through its next structural development. For now, the Zigzag family holds the key to the bullish case. Patterns whisper. I listen. – Mr. Nobody 🎧📊 Silver / U.S. Dollar 5 days ago Silver | Has the Structure Chosen Its Path?