Peter101

Silver: Bullisch Harami pattern confirmed! Leg 3 begins?

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AMEX:SLV   iShares Silver Trust
6
We get more conformation that the bottom in silver has arrived! On a weekly basis the candlesticks have formed a Bullish Harami pattern, which is a reversal pattern. Several patterns were already indicating that the bottom was in, so this is an other conformation. This gives us also more trust to the patterns we (I) see developing now...and make predictions of the patterns more trustful.
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