📙 Table of Contents 📘
  1. 🍑 W Bottom 🇼
  2. 🐂 Bullish Uptrend 📈

👁️ Visualise the 🥈 #Silver 📷 Rally of Jul 2019

📊 Technical Analysis 📈 of the profitable 🏭 Commodity Uptrend 📈 in 🥈 Silver 📷 during July 2019, which occurred after a Bullish Ascending Double Bottom or W Bottom Chart Pattern on 19th July 2019.

by Charles Adams

1) As It Happened: The 🍑 W Bottom 🇼 Pattern of 19th July 2019

On 19th July 2019 a bullish ascending double bottom or W chart pattern pattern occurred in Silver:

Simple Chart of Silver as per the Dow Template. Fig.1: W Bottom in Silver. Kindly Click to Enlarge the High-Quality Sector Rotation Chart.

The Relative Strength Comparative (RSC) also showed a bullish Positive Divergence, adding to the power of the pattern.

2) Aftermath of the W Bottom Pattern: A 🐂 Bullish Uptrend 📈

The result was a profitable upmove over the next few weeks.

Simple Chart of Silver as per the Dow Template. Fig.2: Bullish Uptrend in Silver. Kindly Click to Enlarge the High-Quality Sector Rotation Chart.

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