Silver - Itching to Break Out from the Downtrend Channel

Silver had a stop hunt run right at the head of the inv H&S , this usually means that the market makers needs fuel to move the market, coupled with 11 days of accumulation above the pivot level, I think its time to pay attention.

If you decide to take this trade please wait for the daily candle to close above trendline or for retest of Trend Line / Pivot point

Kommentera:

First target was reached, i'd close longs if daily closes below 17.863. Current decline seems to be caused by Beijing's decision to allow shorts.

Kommentera:

In to buy the dip.