In my mind small patterns are less reliable but this seems like an great opportunity to try and long silver with only a few pips risk and possibly catch a ride on a longer term movement which a lot of people, including myself, seem to be expecting.
What do you think? Any comments/feedback on this idea or your own views on Silver are welcome and appreciated!
Stops are now moved to my entry price, 16.155. If I get stopped out but price stays above 16.13 I will look to re-enter again with my stops 16.125
What are you thinking?