friendlyCheese40204

friendlyCheese40204

Elliott wave and price action show a short trend. JPY index also confirm it.

friendlyCheese40204

It is what I expect from the chart. Combination of resistance and pattern.

friendlyCheese40204

Silver reached the resistance with a clear head and shoulder pattern.

friendlyCheese40204

Head and Shoulder pattern is very likely, and a Pull Back also can confirm the idea.