Just like gold futures, silver has the exact same 2 weeks of hammers.
From my previous post, i anticipate 2 scenarios:
Path 1: (50% close to my anticipation)
Price break below 16.40 to clear a bear trap and start to move up. First immediate resistance would be the underside of descending triangle bottom (highlighted blue), and if that proves to be a real resistance, price will continue to fall
Path 2: (which is not happening)
Price continues to fall to red channel bottom
From my previous post, i anticipate 2 scenarios:
Path 1: (50% close to my anticipation)
Price break below 16.40 to clear a bear trap and start to move up. First immediate resistance would be the underside of descending triangle bottom (highlighted blue), and if that proves to be a real resistance, price will continue to fall
Path 2: (which is not happening)
Price continues to fall to red channel bottom
