AndriyMoraru
Long

Bullish Pennant on XAG/USD @ W1

FX:XAGUSD   Silver/U.S. Dollar
The bullish pennant on the weekly 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 http://www.earnforex.com/commodities/another-bullish-pennant-pattern-on-chart-of-silver/
Order cancelled: The pennant has been broken to the downside - trade setup is canceled.
You can find a lot of detail about my trading ideas in my blog - https://www.earnforex.com/blog/. You will also find useful tools to find, build, and trade similar patterns - all completely free.
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