Fxprotrader

Silver: Buy Opportunity

Long
Fxprotrader Updated   
FX:XAGUSD   Silver / U.S. Dollar
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.
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.