Possilbe Head Shoulder Pattern in Silver forming
MACD Divergence in daily and H4 chart warn us a possible reversal or at least a pullback is likely to happen. In smaller timeframe H1, a possible head shoulder pattern is forming, if price could sustain, a buy with SL at the previous low seems like a good ideas
Note
If you follow this setup, you should have some profits already, please move your stop to BE, make it risk free. let's see how it goes
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.