SILH2026 The last pattern to form on the Hourly is a Double Inside Day, which means that a BIG move is coming during the After Hours.
If to the upside, here are the take profit projections: 77.695 - High of Previous, Tall Bearish Candle 78.055 - High of Inside Day on the 4-Hour Timeframe for a Potential Breakout
SILH2026 The Hourly is in a bullish rally with volume showing weakness on the move up - reaching Overbought territory.
A bearish pullback is coming that can either be shallow or deeper.
If the bears show up in the new hour, they can head for the current mean price of around 75.235. If it's a deeper pullback, then to the S&R Zone that begins at 74.435.
SILH2026 Going to the 8-Hour chart, it is in Bullish (directional) Market Bias. The bulls are rising from a Bullish Pressure Zone, formed from the lower wicks of three candles in succession that can provide a boost up.
A "Limit Line" was drawn as an orange dotted line. If the bulls intend to continue their rise, then the bulls would not only breach that Limit Line, but also have another bullish candle "clear" past it without touching the line. This would show true intent. If one or both doesn't happen, we'll either see the market go back down or consolidate.
The rally can head for the midline of the previous, tall bearish candle at 77.775. In Japanese candlestick analysis, its midline to high has strong forces of resistance. If the bulls can bypass that midline, then they can go higher. There is also the bearish candle's upper wick that needs filling - either partially or in full.
SILH2026 For the Hourly, we have a true breakout from the high of the Inside Day at 72.340 (shown as an orange line).
The previous two, bullish candles formed a Bullish Outside Day, which is a notoriously volatile pattern. If the bulls intend to really go up, we would see a bullish candle breach the "Limit Line" (shown as an orange dotted line), then another bullish candle "clear" past the line without touching it. If one or both bullish moves don't happen, then back down again.
A giant W-shaped pattern is forming.
Typically, the 4th and last leg of the "W" is a long bullish trend. as the bulls rise, they can fill the upper wick of the previous, tall Spinning Top (identified on the chart) and potentially go higher. Watch for that.
SILH2026 On the Hourly, a Triple Inside Day pattern just showed up from within a new S&R Zone. The pattern means very tight "coiling" through consolidation to the point that it will spring out in a BIG move to come, either within the New York session or afterwards.
A Double Bottom formed and the previous candle is an aggressive Bullish Pinbar Hammer that either creates a decent bull run or a new and long bullish trend.
*Take Profit Projections: 72.340 - High of Inside Day for a Breakout from the Pattern 73.865 - Current Mean Reversion Price Level
SILH2026 No matter what the Futures prices show us, there's still a shortage of Silver that can't meet industrial demand globally, especially for the new Electric Vehicle batteries, data centers, solar, electrical, military weaponry, and jewelry.
The Silver needs of the two largest EV car makers for the new batteries, made by Samsung (from Korea) and BYD (from China) are already 40% of the world's Silver supply.
The metal supply left from the Silver mines is the true number that can't be printed.
SI1! Looks like i was right we are gonna see some down. However is this one of those livermore claymore situations? (chart Pattern) or we about to see the .618 of this BAD BOY! :)
SI1! Hey i recently started watching silver more closely. on maybe a 1 or 4hour chart, would yall say we are just finishing out wave 3 and should see a correction here soon?
SILH2026 The last pattern to form on the Hourly is a Double Inside Day, which means that a BIG move is coming during the After Hours.
