Silver Futures: This Bullish Pattern Hints At Moonshot

Wait 5 sec.

Silver Futures: This Bullish Pattern Hints At MoonshotSilver FuturesCOMEX_DL:SI1!aibekCorrective structure in silver futures has built a Falling Wedge Bullish pattern All parameters set perfect: -converging trendlines (yellow) shaped perfect wedge -volumes down from top to bottom Price already broke above the pattern and it was confirmed both by volume increase and RSI breakout into bullish area Conservative target is aimed to revisit the all-time high of $121.8 which is 78% away from current price Invalidation area is set below the bottom of the pattern at $55 I added Volume Profile indicator to spot the largest barrier within $74-81 range where the next largest volume on futures was traded