Silver nearing 2nd inv h&s target & goldencross
Silver hit the first inv h&s breakout target (not shown here) back on november 13th and is now about to hit the second one (dotted yellow line). I will post a link to the previous silver chart idea so you can see how that purple inverse head and shoulder pattern played out. *not financial advice*
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We can also see that silver is nearing a golden cross
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Silver so close to the breakout target now. Gold just hit its 1st target so it increases the likelihood that silver will also hit its target.
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Even closer now! It got within 10 cents of my full target! Should likely hit it in the next few days if its gonna hit it 100%.
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Upon closer inspection it got within 5 cents. Most people would consider this close enough to declare Target hit! Of course there is still a good chance it will reach the target, but still wise to take some semblance of profits if I had any sort of trade open on this move.
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Amazing, after going sideways forever silver makes one last little pump exactly to my measured move target and right afterwards it has a big dump. Target hit!!!
