Silver - Inverse S/H/S has been completed
A nice little Inverse S/H/S bottom has been completed, with the break above 14.36. The calculated target for this formation only call for a rally to 15.30, but we have to remember that this calculated targets only are the minimum expectation.
From an Elliott Wave perspective a firm bottom could be in place for a rally back to 18.50 and possibly even above for a rally closer to 24.50
Stop on this trade should be set at 13.75
From an Elliott Wave perspective a firm bottom could be in place for a rally back to 18.50 and possibly even above for a rally closer to 24.50
Stop on this trade should be set at 13.75
Penafian
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