I’ve used a reverse pattern to project lower prices because it is more conservative than conventional patterns that would have yielded even lower targets. That means you can attempt bottom-fishing at D=21.95, my worst-case objective for the near term; or short x=24.60 ‘mechanically’ if you know how to set it up without risking your shirt. An easy breach of D would imply more slippage top at least 21.95 or even 20.77. They are, respectively, the p2 and D pivots of the ‘conventional pattern using A= 26.13 from 8/4. Here’s the same picture transposed to March Silver. It shows ‘D’ at 22.01.
