Timonrosso

Head and Shoulders on Silver bearish price to target $16.30

Short
COMEX:SI1!   Silver Futures
Head and Shoulders officially formed on Daily.
The previous analysis, we were waiting for the pattern to form a Right Shoulder.
Now with the price breaking below the RS, almost confirms the trade entry.
21>7
Price <200 - Bearish (Red back)
RSI<30 - Bearish
Target $16.30

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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