Silver still trapped inside triangle formation, lagging with regard to gold's performance....waiting for a break higher and moving average inversion for bullish entry.
We have a inverted head and shoulders in development on weekly timeframe which indicates this year yen will we weak against precious metals and possible major curriencies. Drop down timeframe to look for buy setups and try to keep trades for longer time period.
Huge bull move about to take place here... When i have found this set up in the past it has yielded insane returns. This also fits perfectly with the breakout yesterday in USDJPY, i do not advise shorting this.
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