SILVER is stuck inside a channel for a couple weeks now. And given the type of price action (no strong bullish impulse), I'll be looking to enter short when price touch the top trend line then breakout the bottom minor trend line.
Entry: after minor trend line breakout
Stop: couple pips above major trend line
Target: 15.40 (76.4% fib retracement on the daily chart)
Entry: after minor trend line breakout
Stop: couple pips above major trend line
Target: 15.40 (76.4% fib retracement on the daily chart)
