$ilver Technical Analysis: Bulli$h Breakout
ilver is trading inside of a symmetric triangle. These triangles are continuation patterns 75% of the time. The triangle should break higher or lower within the next couple of weeks. In addition, an inverse head and shoulders is also in play. My play on this move is TAHO, BCEKF, FSM and HL. LOCKED AND LOADED BABY. FOMC day is next Wednesday at 2:00pm ET. This decision could decided which way ilver will breakout. I am BULLIH.
Here is information on symmetric triangles and inverse head and shoulder patterns:
Symmetric triangle: stockcharts.com/school/doku.php…
Inverse head and shoulder:investopedia.com/…/i/inverseheadandshoulders.asp
Here is information on symmetric triangles and inverse head and shoulder patterns:
Symmetric triangle: stockcharts.com/school/doku.php…
Inverse head and shoulder:investopedia.com/…/i/inverseheadandshoulders.asp
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