Silver / U.S. Dollar

Long

Going to buy Silver @16.352 for a bounce to the next level above

By Gustav.Mejlvang

Updated

Good D1 level with 50% fib on it. If price can get there today, it will be past D1 ATR which increases the probability of success.

Trade active

Order filled

Note

Revising my target on this trade to 16.600 which is a bit lower than the original but it is the last previous support point so I have to get out there as it is basically the next level that I think will turn at. This makes it a 1R if target is hit

Note

Stop moved to 16.406.

Note

I'm out on my trailing stop for a profit of 0.6R.

Gustav.Mejlvang

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