The bullish pennant on the daily chart of XAG/USD offers an upside breakout opportunity. The pennant's borders and its pole are marked with the yellow lines. My potential entry point is at the cyan line. My potential take-profit level is at the green line. I will set the stop-loss order to the low of the breakout bar (not shown).
More information, chart template, and a free expert advisor to automatically trade this pattern - on www.earnforex.com/co...sts-move-further-up/
More information, chart template, and a free expert advisor to automatically trade this pattern - on www.earnforex.com/co...sts-move-further-up/
Order cancelled:
The pattern's setup has been invalidated due to the lower border breakout.
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