Weird looking inverted head and shoulders implying a test of the previous high, if neckline is broken.
The more likely scenario is the lower target determined by measuring the triple bottom created, if one does not look at the long wick on silver. That's if silver breaks up another few % above this resistance to confirm the measured move into the new trading area.
Sorry for the ugly graph
The more likely scenario is the lower target determined by measuring the triple bottom created, if one does not look at the long wick on silver. That's if silver breaks up another few % above this resistance to confirm the measured move into the new trading area.
Sorry for the ugly graph
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.