Silver Bullish Head And Shoulders Pattern On H4 Time Frame

Silver looks bullish and it can have an imminent breakout.

An inverted SHS pattern is pushing the price higher up. If we see the breakout above the trend line at the POC zone the market should be moving higher to 22.95, 23.29, and 24.01. The move should be also based on momentum and bulls should be safe. Look for an h4 candle that closes above the trendline 22.72 for confirmation.

(Click on image to enlarge)

 

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