Just testing a potential harmonic pattern on Silver that may play out.
This one is called A bullish Garley Pattern, where price forms an M you get your High followed by a lower High before a pullback and then price shoots up again.
So if this trade were to play out following the Bullish M pattern we should see a price pullback to the 50 Fib level before the next run up.
Also trying out the Gann fan to see if price follows the 1/1 level that it has been testing the whole way since the initial bullish pump we have seen.
This one is called A bullish Garley Pattern, where price forms an M you get your High followed by a lower High before a pullback and then price shoots up again.
So if this trade were to play out following the Bullish M pattern we should see a price pullback to the 50 Fib level before the next run up.
Also trying out the Gann fan to see if price follows the 1/1 level that it has been testing the whole way since the initial bullish pump we have seen.