SIVR Flag?if the flag were confirmed it would be a bounce on the right shoulder maximum, failed H&S that has already reached more than 50% of the target, if so the new target could lead to the top of the rectangle, the main figure
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About abrdn Physical Silver Shares ETF
$SIVR on Watch List for Silver TradeI like $SIVR over $SLV as it is treated like a stock / ETF and not a limited partnership (LP), which $SLV is a LP (the later is a headache at tax time). Silver has been consolidating in a wide range now for about 11 months as you can see by the shaded area on the chart. It looks to me like it has al
Silver breaks out of rising wedge channel. A repeat? Or upward?We've been here before, though a 4% up day on silver is nice. If we continue up, we may see some FOMO push us up to the fictitious 'squeeze rally'. Or possibly, this was just a counter to crypto's down day. Note here that I trade SIVR because I like the sound of silver residing in London vaults. Mak
SIVR pushes up, nearing resistance againSilver needs to push through this key resistance level for a 'continuation. Or will we drop back down to the bottom of the upward channel. Only silver knows.
Long | SIVRAMEX:SIVR
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%
Silver and commodities waking from their sleep?I drew a couple of trend lines - but my takeaway is that we have been in a consolidation pattern on silver since September. We recently broke above a downward trend and picked up on a upward trend from earlier this year. This may be an entry point as the risk in equities increases. Its something to
Use SIVR wedge break out to hedge against the stock marketHere's a hedge against the market, today SIVR broke symmetrical wedge going back 2 years. If it closes above the wedge that is a confirmation of the break. Especially true if it breaks 16.91 (higher high) and holds that near tomorrows close. If that happens, best time to buy is sometime tomorrow
SIVR Buy Cyper and GartleyLooks like SIVR may be hitting a low risk buy point.
1. At the Support line
2. Symmetry of time from low to low.
3. Cypher pattern completing at the 786
4. Gartely pattern completing at the 786
5. Perfect ABCD pattern
6. Oversold on Stoch
7. RSI bottoming out
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