Chart Patterns & Algorithmic Trader ( Mar . 15 , ' 21 ) ( 31 )
@
SI Cup & Handle Pattern s
Reviewed in CPAT
Silver Continuous Contract [ May21 ] (@ SI ) is forming a Cup and Handle pattern on its daily chart and trading below the breakout level of $ 30.335 . C & H patterns are valid only when price closes above the breakout level . A long trade is entered above the breakout level with a stop placed below the lowest low of the mid cup $ 26.105 , and the handle low $ 24.795 . Targets are placed at $ 33.375 , $ 35.34 to $ 36.73 .
www . surinotes . com