SLV: Update on SLV
Falling red wedge / wick (in red) = positive;
C/H pattern = positive: handle is almost complete;
If the handle is complete en resistance line becomes support we can calculate a target of about 29 usd...
Big blue triangle = positive: gives a target over 20,50 usd; not met yet...
Many positive patterns in Silver...
Could take a few weeks (3 or 4) before the metal market really turns...
The calculated target of little c/h pattern at the bottom was reached!
This broken neckline will now be the support-line of the big C/H pattern.
An update will be given if something of importance (in my opinion...) changes.
C/H pattern = positive: handle is almost complete;
If the handle is complete en resistance line becomes support we can calculate a target of about 29 usd...
Big blue triangle = positive: gives a target over 20,50 usd; not met yet...
Many positive patterns in Silver...
Could take a few weeks (3 or 4) before the metal market really turns...
The calculated target of little c/h pattern at the bottom was reached!
This broken neckline will now be the support-line of the big C/H pattern.
An update will be given if something of importance (in my opinion...) changes.
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