FxWirePro: Silver forms Bearish Shark Pattern, good to sell on rallies

• Harmonic pattern - Bearish Shark pattern
   
• Potential reversal Zone  (PRZ) -  $15.80
   
• Silver has retreated after making a high of $15.71. It is  currently trading around $15.50.
   
• Short term trend is bearish as long as resistance $15.80 holds.
   
• Any break above $15.80 will take the commodity to next level till $16.28/$16.74.
   
• On the lower side major support is around $15.45 and break below targets $15.25/$15.05.

It is good to sell on rallies around $15.55-$15.60 with SL around $15.80 for the TP of $15.25/$15.05