Silver: Buy Opportunity

FX:XAGUSD   Silver / U.S. Dollar
727 4 25
Price has reached the lower parallel of a median line , where was rejected reversing with a sharp upmove. Since then it's has been in a correction testing once again the lower parallel. Going long from current level is good idea. Sl and profit targets as shown at the chart.
Trade closed: target reached: Move sl to breakeven for a second risk free trade
Comment: For those who missed this setup with have another opportunity to enter the market.
Do you think the bottom price is at 16.16? thanks! Your pitchfork skill is wonderful!
Fxprotrader rainbowshen
@rainbowshen, Well i cannot say for sure.. The good thing for now is that price is in a correction so most likely another impulse up is coming.
rainbowshen Fxprotrader
@Fxprotrader, thanks, the non-farm payrolls data and referendum in Ital are coming soon, I think the 16.06 may be is a good price to buy... thanks very much
Fxprotrader rainbowshen
@rainbowshen, You may be right.. And you are welcome..!
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