The ascending triangle on the weekly chart of XAG/USD (Silver) offers a bullish breakout trading opportunity. The triangle's borders are marked with the yellow lines. My potential entry is marked with the cyan line. My potential take-profit level is marked with the green line. The stop-loss is to be set to the low of the triangle at 19.22.
Order cancelled:
Trading setup cancelled due to a breakout downwards.
You can find useful tools to detect, build, and trade chart patterns - all completely free on www.earnforex.com.