Silver completed abc pattern on daily time frame
Silver paused on Daily TL and then created a reversal channel formation
then broke out of down channel creating an impulse move up, Price pulled back into bullish order block, cleared stops and now possible up trend in play
my buy order was set 16.464 which was the bullish order block from where price broke out of the down channel. it got triggered on the pull back after impulse move out of reversal channel
entry: 16.464
SL: 16.100 (dynamic stop)
TP: 17.1325
Silver paused on Daily TL and then created a reversal channel formation
then broke out of down channel creating an impulse move up, Price pulled back into bullish order block, cleared stops and now possible up trend in play
my buy order was set 16.464 which was the bullish order block from where price broke out of the down channel. it got triggered on the pull back after impulse move out of reversal channel
entry: 16.464
SL: 16.100 (dynamic stop)
TP: 17.1325