The pattern shown is gnarly enough to give us high-confidence trades every step of the way. It has yielded two profitable trades so far: a conventional short from x=36.233, and a so-far moderately profitable long from p=35.695. If sellers smash through p, you can use a reverse-pattern trigger to play a likely continuation down to at least p2=35.158. You can bottom-fish there if reversing a profitable short position; then place a tightly stopped bid down at D=36.620 for an eventual relapse. That would be the most appealing trade of the three proffered herein.
SIN25 – July Silver (Last:35.840)
