mmrabea

mmrabea Updated 

Bullish bat pattern + retest of the broken daily trend = Buy signal for me.

mmrabea Updated 

Prices testing downward channel lower limit while a bullish classic AB=CD pattern has formed. Buy after the reversal signal/pattern forms.

mmrabea

from a short term perspective, the upward correction that has been forming has halted at the 71.8% level and now the prices continue to move downwards. If you check the H4 chart you'll notice the continuation of the downtrend that started last week.

mmrabea Updated 

Silver is heading to test the hourly trend line (orange) which indicates the formation of higher lows; signifying the bull pressure to push the prices up. With the consolidation happening over the past days I reckon it'll break the current resistance to reach the $15.00 levels.