Silver has found support around the 21.50-22.50 level since late 2020. Price has recently formed a double bottom on the daily time frame at the 21.50 level. The market is currently making higher highs and higher lows off these support areas. The stochastic is in the oversold condition. I am looking for a low to form around the current price at the up trendline support, and for price to break the blue counter trendline with a bullish candlestick formation. Once these conditions are met I will target the pivot point, equal high, Fibonacci 1.18 level at 25.20 for profit.