Loading ...Silver Making Its Move
Just a little further and I think we can be much more certain, but we’re getting very close to the most significant breakout in silver for decades. The breakout from the shorter timescale chart patterns are already occurring. The wedge breakout was near textbook. Breakout, backtest and now we’re off.
Yes, I like the look of that!
Northstar, nice chart, is this a log chart and shouldn’t upside be far higher when using log chart projection?
The first one is a log chart. The second is linear. As far as I’m aware, targets from a pattern break out (wedges and pennants for example) are measured in absolute terms, but some types of chart analysis using log charts can produce much higher targets.