PAAS – High Tight Flag with Silver Tailwinds

57
Pan American Silver (PAAS) is forming a high tight flag — one of the most explosive continuation patterns — just as silver starts heating up.

🔹 High Tight Flag Formation

PAAS ripped with momentum and is now consolidating in a tight, bullish range.

This is exactly what you want to see — shallow pullback, tight candles, and holding near highs.

🔹 Sector Momentum: Silver Heating Up

SLV and /SI are pushing toward multi-year breakout levels.

PAAS is riding that same energy, and any continuation in silver could ignite this setup.

My Trade Plan:
1️⃣ Starter Position: Looking to enter on strength through the top of the flag.
2️⃣ Add on Confirmation: Add size on volume surge and breakout follow-through.
3️⃣ Stop Loss: Below flag base — keeping it tight and defined.

Why I Love This Setup:

High tight flags are low-risk, high-reward when paired with macro momentum.

Silver is gaining strength — PAAS could lead the miner group if this breaks clean.

Strong structure, clean risk, macro fuel = great setup.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.