Silver potential Buy setup
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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.