All indicators bearish. 4h below EMA. Outbreak fail. Favor down to supportline.
Could this be the generic code for silver? (Fake) Pull up after every bottom and then resume downward?
1) Indicators are exhausted. 2) Candle formation indicates reversal. 3) Resistance hit.
Candles suggests an intermediate term pull back as the indicators are over extended after a few days rushing.
Reversal patern from Heiken-Ashi Positive divergence Indicators signaling up turn
Upper channel bounce Indicators over extended Need confirmation of a retrace first.