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).
评论:
Trade setup cancelled as the upper border of the pennat has been broken.
You can find useful tools to detect, build, and trade chart patterns - all completely free on www.earnforex.com.