SILVER-Whether it will bounce from 16 or break 11.6 and bounce?

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Market Commentary:

1. Here I presented 2 alternative wave count and structure. 

i) Could be wave v) of ((X)) ended @ 11.614 and we are in the fresh 5 waves to complete @ 30.090.

ii). Either that high 30.09 could be the end of c) wave (X) wave and expecting another 3 waves to break the low 11.614 to complete the (Y) of ((X)).

2. So, according to the above 2 views it may bounce from 16$ (approx) or it will break 11.614 and then bounce for the target above 30.09 and Positional TP is 50$.