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12:42 PM
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-------------->>>> Silver to drop to the $15-18 range !!
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[quote:Anonymous Coward 7572731:MV8xODg3ODEyXzMyNTQ4MDEzX0FGMUY2OTRB] The hammer falls on Wednesday and Thursday as the politically-handcuffed Fed "disappoints". Then, a sharp rally on Friday when the BLSBS comes in lousy." Looks like we're right on schedule.. [/quote]
Original Message
I'm an amateur trader but I do know how to recognise a M-pattern being set-up.. M- / W- patterns is how the big players like to "play" their charts. It is a method to position themselfs before every major price-movement.
M-pattern = bearish
W-pattern = bullish
I will post a chart later. The M-pattern I discovered is on the weekly chart of Silver.
It will probably be at the $15-18 range in a few weeks from now. This will be a huge opportunity to buy or add to your positions if your holding Silver, because I don't expect we will go any lower. After that it will SOAR to the moon!
Edit:
I've added the chart were you can see the pattern in red( very nice M ). Blue color is my forecast:
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link to i49.tinypic.com
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