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carrytrade
Jan 30, 2014 6:13 PM

Coming into KEY buy zone. Long

Silver/U.S. DollarFXCM

Description

Starting to get very juicy.

Zoom this chart out or move it to a monthly time frame (logarithmic) to see in more detail.
Comments
QuantitativeExhaustion
Yep.. Think you got it right.
carrytrade
Thank you! It's so hard to forecast the long term stuff, but I see a huge divergence if we break these $18.50-$18.15 lows.

I don't see $30 by year end like some, but $25 seems feasible, giving a 30% gain or so on the year.
QuantitativeExhaustion
Thanks for adding the ghost patterns. I did not see them when I looked the charts over. These ghost patterns, such as the failing ascending wedge you added, can signify futures support/resistance price targets if a reversal would happen.
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