Silver potential Buy setup
Updated
Reasons for bullish bias:
- Price gave channel breakout
- Price bounced from daily support
- Safe entry at HH breakout
- Bullish divergence
Trade Plan:
Entry Level(Buy stop): 29.579
Stop Loss Level: 28.432
Take Profit Level 1: 30.726
Take Profit Level 2: 31.873
- Price gave channel breakout
- Price bounced from daily support
- Safe entry at HH breakout
- Bullish divergence
Trade Plan:
Entry Level(Buy stop): 29.579
Stop Loss Level: 28.432
Take Profit Level 1: 30.726
Take Profit Level 2: 31.873
Trade closed manually
Setup invalid now. This highlights the importance of stop-orders, as advised by my mentor. No trade is also a trade! Happy trading :)
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