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gunazzi

Silver - Itching to Break Out from the Downtrend Channel

Long
CFDs on Silver (US$ / OZ) (TVC:SILVER)  
gunazzi Updated   
TVC:SILVER   CFDs on Silver (US$ / OZ)
Trend Analysis Chart Patterns Beyond Technical Analysis Silver stophunt rally
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trendanalysis chartpattern beyondta silver stophunt rally
Silver had a stop hunt run right at the head of the inv H&S , this usually means that the market makers needs fuel to move the market, coupled with 11 days of accumulation above the pivot level, I think its time to pay attention.

If you decide to take this trade please wait for the daily candle to close above trendline or for retest of Trend Line / Pivot point
Comment:
First target was reached, i'd close longs if daily closes below 17.863. Current decline seems to be caused by Beijing's decision to allow shorts.
Comment:
In to buy the dip.
snapshot
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