Had posted a channel on on silver. That did not work out. Got stopped out for 10 cents there
This seems to be a better fit. Wave counts unclear in short term so staying on the side
This seems to be a better fit. Wave counts unclear in short term so staying on the side
Comment:
Silver went a bit below the channel. Has bounced smartly from the previous major low around 19.6, Buy triggered on my 15 min setup. Ideal entry point for the day trader would be around 19.75 if we get it or ride here with SL at day low (a bit far for now)
Trade closed: stop reached