and the forecast for next January. Using my Inverse head and shoulder finder #4 bottom has to hit and its real. Also going back above 2nd blue line is super bullish!!!!!! means many buyers.
Now we need to know if the inverted head and shoulder is real. And all the upside down shoulders are touching the line... 4 is all u need for bottoms.
First thing to know is the down channel broken? Yes. Did it retrace yes. Then Buy.
Then you have to be aware of this, too.
Not that I don't know what Silver is already going to do.. I do.. just charting the 2nd hump so people can see what is happening in real time.
Using my HnS finder to spot a short tell sell is the goal.. Once spotted there should be 3 leg down in a down channel. I would start buying at $1220. Looking at this up close is a classic head and shoulder. Luckily its so small that it only last s a few days.
This is how my latest new charting quadruple line works at tops. Target buy #4 $1217 to $1220.
Here is an old school 3 fan correction... if you have seen my other charts, then you will recognize this as the twin sister hump.
Cleaned it up to develop the idea..
The salt monster attack is currently on the way.
Silver moved up to new high after 2 tries.
This is what I think could happen by April.. Its only up leg one.. up leg 2 is $22,, and up leg 3 is around $24. Three places to sell.
You can see how my charting develops in sort of real time. Its around 2 weeks. Or 02-17. $17.21 is my target. You can also follow my charting at Anatomy of Silver forum.
I would buy around $17.20+ and its a short term flip. The rational is the left side shoulder marked in red.
My technique is all built around this new discovery.. (My long term chart) I call it the GG quadruple line bottom.. but turned out to be a inverted head and shoulder finder. An 6 yeah bottom is very powerful.
Now your wondering what's next.. "I have good news" any other model than this is a complete failure. Lows maybe be lower than I thought $1215 to $1213..before breakout out above red line again.. What you are seeing is ascending W correction Might last 10 days. If it goes back up look to left at 1 and 2 and huge drop thus breaking the blue line.
I made this chart last December and i decided to copy it over to Trading View. I have been working on several different outcomes and since CDE was down 21% today I decided to put this one back on the table.
The Top is a real HnS and the one below it is fake. That's my play. Buy #4. .. if it holds up.