XAGUSD LOOKS TO BE FORMING A BULLISH PENANT

Not a perfect form but not far off. Risk reward is sitting @ +3. Entering trade in stages between 16.8 -> 17.1, initial target at 19.5.

Reposting without HullMA.

Trade active:

Target hit, trade opened from 16.9, stop loss @ 16.6

Trade closed: stop reached:

Stop loss @ 16.6 hit, looks like deeper correction to 16.1 at least.