AndriyMoraru
Short

Bearish Pennat on XAG/USD @ D1

FX_IDC:XAGUSD   Silver / U.S. Dollar
The bearish pennant on the daily chart of XAG/USD             offers a downside 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 high of the breakout bar (not shown).
Comment: Trade setup cancelled as the upper border of the pennat has been broken.
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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