- Silver Trading | July 14, 2016
On the silver chart, is a classical major reversal pattern referred to as a Head and Shoulders Bottom. Major reversal patterns form after a downtrend, and its formation normally confirms a change in trend. This is a precious gift, if you were still unsure whether to get into silver or not. The tricky part of this kind of pattern is the issue of whether price will retest the breakout area, which is around $18.