SIH12 – March Silver (Last:29.960)

March Silver (SIH12) price chart with targetsMarch Silver went impulsively bullish on the lesser charts late Thursday night, but this was after it achieved a ‘D’ target on a pullback. That suggests bulls will struggle on Friday and that any trades from the long side be done via a ‘camouflage’ entry that poses no more than $70 of theoretical risk per contract.  At exactly 1 a.m. EST, the three-minute chart showed an ‘camo’ pattern with a potential entry trigger at 29.985.  The coordinates are as follows: A=29.875, B=30.010, C=29.950 (Note: That last number is very tentative).  This set-up may be gone in five minutes, but I have presented it nonetheless so that you’ll have an idea of what to look for if you want to get aboard tonight using charts of least-most degree.  Want to learn how we use Hidden Pivots and “camouflage” to reduce entry risk to relatively small change? Click here