2 weeks ago, Silver dropped to a key weekly structure support. We were patiently waiting for a confirmation to buy the market from there.
On intraday time frames, we spotted together a falling parallel channel. The first condition that we were looking for to confirm our predictions was its bullish breakout.
After a breakout, we were patiently waiting for a retest of its broken resistance. The price formed a double bottom formation on that. Buying the market on a retest of its broken neckline, a great winner was caught.
+470 pips of a pure profit!
Did you catch this move?
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