As predicted, Silver broke towards the bottom side of the descending channel that it wa creating for the last few weeks. Once the break occured on H4, we just waited for the reentry around the 15.550 mark (Lines up wiht fib lvls 62.00)
Realistically, once the channel was broke that was all the confirmations I needed to enter the trade.
The massive bearish candle that occurred on H4 was the sign to enter
Now we are just moving until we reach 15.40
Realistically, once the channel was broke that was all the confirmations I needed to enter the trade.
The massive bearish candle that occurred on H4 was the sign to enter
Now we are just moving until we reach 15.40