XAGUSD SILVER 3-3-5 FLAT CORRECTIVE STRUCTURE (4H)

Here is my wave count for the current structure developing within XAGUSD Silver. Speaking strictly in terms of Elliott Waves, with respect to the longer weekly time frame, I believe we are in a 5 wave Impulse which started around $11/oz in mid-March and will head up towards the previous All Time High of around $50/oz. Within this longer term Impulse, I believe we are currently in Wave 2, which is a corrective structure. Specifically, I believe we are currently in Wave C of a 3-3-5 Flat structure which started early August. Within this Wave C, which should be a 5 wave structure itself, I believe we are currently completing Wave 2 (which itself is an ABC Flat for the downside). We can expect another small correction (perhaps a 5 wave triangle or something more complex) to develop before Wave C terminates. I believe this structure will ultimately settle to around $21/oz before the prevailing upside trend resumes. This price also lines up nicely with the 78.6% Fibonacci retracement level with respect to Wave 1 of the larger Impulse. Supposing this current correction does not develop into something more complex, we can expect to see Wave 3 of the larger time frame Impulse start from around $21/oz. Given all this, how will I trade this? For the short term, I would wait for around $27.9/oz to enter a nice Sell when the smaller corrective structure completes, which can be held until $21. From there, I will be looking to enter a Buy position to ride Wave 3 up on the larger time frame.