EmptyEternity

Silver is about to blast off for 3 weeks! (OPTIONS PLAY INSIDE)

Long
BATS:SLV   iShares Silver Trust
Livermore Accumulation Pattern is playing out, low is tomorrow till Wednesday, high will be July expiration to possibly end of July. Please check out my previous threads on SILJ and QQQ to see a repeating fractal that the market has been on since COVID.

Right now buy calls for $35 for July for $1-$2 and you're return will be 50-75-156x returns!!
NFA ;-)

Then there will be a plummet in silver, and it'll ride back up to tag $50 before EOY.
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About to fill dem gaps!
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I hope you bought those calls...
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There's accumulation by players going on, the MACD is about to spring, and RSI isn't flashing anything.
This week we see some action!
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Bounce off the 100

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It's rallying around the opening price precisely
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Getting ready to spring past the trendline!
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Retest complete. Time to blast-off. Roger that. Commence rocket boosters!
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Inverse H&S building on the 15min to take this beyond the trendline
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Got until 3pm to fill out inverse H&S, otherwise this will just bounce off support from here..
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BOOM! Inverse H&S pattern fulfilled with strong reversal on the 50, just like the left shoulder.
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This could happen. I'm having fun are you having fun?
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Pretty impressed it made it through today, I expect some retracement during the Asian open before launching during London...
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ALREADY!? This movement has "great feets of strength"
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Institutional options flowing into SLV
x.com/InsiderFinance.../1807917051488477476
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Wow that retraced quite a bit during the night - I altered the 100 to be a 200 cause I figured that's what the price action is responding to (bouncing off of). That means long term accumulation pattern when you're dipping back down to the 200:
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TTM Squeeze shows this is building for a HUGE MOVE!

Monthly has one engaged which means Price Action will go towards $75+ by next year, Weekly shows that already executed and continually to play out (upwards). Daily shows a TTM squeeze is waiting to execute. This means this week we will see some definite fireworks in some direction (upward bias).

YSK: TTM Squeeze is when Bollinger Bands constrict inside Keltner Channels. This means pricing and momentum has slowed and building to launch off in a direction. Usually when a TTM executes, it bounces off the opposite wall pricing intends to go, in a fake out to grab more stops.
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Daily TTM Squeeze
You can see the MACD rolling over to positive soon...
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4H TTM Squeeze Looks like it might bounce off $28.75 before launching, cause TTM's often bounce off the opposite wall before launching in a fakeout breakout
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Expect a plunge to happen with a retracement long wick..
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Scaling out the MACD looks promising
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I believe in fractals because nature is repeating, but so are algorithms.
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Taking it's time...
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See!
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How crazy would that be if that also replicated?? Same Price Level right now...
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Batting it down and playing with it, but you can see the large upper wicks did NOT induce a further capitulation, but rose still despite it..
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It took awhile ladies and gentlemen but we have a golden cross on the hourly!!
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Big ITM call play for Silver (ITM is a safer institutional big ticket play rather than buying OTM)
x.com/ArestaSystems/.../1808322964934246545
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There we go! Now we're at the moment of decision. I believe we go higher, and higher odds say we retrace to the trendline and then blast-off.
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Nice all before the open! I'd like to see this retrace back to the trendline before have a few 5% days and a possible 8-10% day. I expect $35-$38-$48-$50 to be the levels. $35 is 100% gonna happen, $38 is gonna be 50% and $48-$50 will be 25% chance of happening.
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The "fish out of water" pattern I like to call it is a very powerful pattern that has upthrusts associated with it - which is when the MACD almost crosses over and wiggles upwards up through the mid-mark like a fish jumping out of the water. I anticipate the angle of the continuation will be much higher since the accumulation in this flag took FOREVER to finish.
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Getting closer...
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Might not get that total retracement, looks like it barely needed to bounce off the 20 (strong short term trend) just in time for the open. Get ready....
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Potential Golden Cross on the 2 Hour
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Potential 4 Hour Golden Cross
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Back to the 20, maybe the trendline (which is 50)
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Looks rough on the 4H:
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Dark Pool buying for gold...
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Backtest complete!
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Well this is it! See ya all on the flipside!
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Bull flag within a bull flag - gotta love the repeating fractals
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One more trip down to the bottom of the flag to accumulate, touch the 15 and then off we go? Maybe when the actual fireworks are going off...
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MACD signaling this will fall back to the trendline before the explosion. Question is do we get a pop up tomorrow or on Monday. Time is running out for us to hit the $38-$40 extension. Silver is going to have to make some fast moves or else we'll be left at $35-$36 level before the flash crash.
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I like the look of that candlestick!
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Backtest finally completed!?
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FIREWORKS!
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The ole triple bull flag...
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DAMN THAT WAS A HUGE CANDLE DOWN, BUT IT LOOKS LIKE IT'S RESISTING AND ABOUT TO EXPLODE!
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4 fractal bull flags stacked on top of each other, each getting shorter in length until...
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That long wick, this thing is gonna jet!
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5 bull flag fractals!!!
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I was hoping to see more liftoff, there might be a retest coming up for today before next week's fireworks. If you're a scalper, this looks like a good entry...
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This guy gonna do a double run on a Friday?
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Would've loved to have seen this hit the 32 mark before the weekend was over. Oh well...
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Some rough wicks there, I'd like to see a retracement on Monday morning during the Asian and London open and rocket again starting Monday NY open
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Feels like it wants to go back to the trendline again...
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GOD CANDLE COMING FOR SILVER!
x.com/C_Capitalist/s.../1792664485905203602
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That's an ugly candle for the morning
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Trendline it is!
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There's been too much accumulation that's happened to let this breakdown too much, let alone go past the trendline. Assuming that, the longer we stay down, the harder it will rocket, hopefully haven shaken out the weakends and run all their stops...
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Long wicks and long time price is at a level equals accumulation
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Trendline!
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Retraced and broken trendline, time to return to the yellow trendline and get this party going!
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Would like to see a long bottom wick on this candle...
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Would like to see a longer bottom wick on this candle before going up
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So much convergence of trend lines and moving averages. I would not be surprised if it got slammed to that area before launching - because then that would be ANNOYING!!!

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Retested, should blast off from here...
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Nope trendline it is
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Doesn't look good for the dollar, moved below the trendline with a falling MACD Cross-over. At least when the dollar pulled itself out of the trend last time the MACD cross-over was oversold, now this is the opposite.
This will be good for stocks and commodities!
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MACD indicating big move is coming! It just retraced the breakout.
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Playing with that level...
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Silver is looking beautiful. You ready? I'm ready...
SLV AGQ SILJ SIL XAGUSD
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Backtest looks done (AGAIN)
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This has so much potential built up, the last time the weekly got exhausted was the run-up to COVID where silver went up 150% in 4 months! On the daily the last time the mountains shadowed the MACD cross-over silver went up 25% in 3 weeks.
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Oh double doji on the silver?
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That was good but not great, I expect a long wick on this candle, then a bounce up, retrace before blasting off like this morning but for PPI
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Man did we get some retracement!! Looks like a double bottom..
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Double Bottom holding so far with MACD crossing-over
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That's called running stops before the launch next week...
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Looks like an inverse H&S, but it's a low TF at the moment. Expect higher volatility for a litany of reasons - will be posting tomorrow
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