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Silver Bullish Head and Shoulders Pattern on H4 Time Frame

By
Nenad Kerkez
Published: Oct 7, 2021, 11:12 GMT+00:00

Silver looks bullish and it can have an imminent breakout.

Silver Bullish Head and Shoulders Pattern on H4 Time Frame

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 a h4 candle which closes above the trendline 22.72 for a confirmation.

For a look at all of today’s economic events, check out our economic calendar.

Cheers and safe trading,

Nenad

 

About the Author

Nenad Kerkezcontributor

M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.

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