Long Silver on Reversal head and shoulders Pattern

15 thg 10, 2021

A nice reverse head and shoulders is playing out and the break of the downtrend opens up a further squeeze higher. Oil and stocks are continuing to move higher and this is helping fund this trade via inflation fears and a weaker USD against commodities.

$25 is the eventual target but we are looking for moves above $24 in coming sessions.

Very nice risk reward as stops can be just below the old break out levels at $23.

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