Following my previous analysis (private) I was waiting for 2 scenarios to occur. After about 4 weeks silver has moved to my preferred area to trade. Silver is still in a downtrend channel on daily chart. On H4 it's reached an area showing strong resistance. Orders @17.12 SL 17.455 T1 16.27 T2 15.78
Currently @17.127 Massive reversal. If it makes a new high, I will exit the trade, it it doesn't I'll let it keep running.
Trading ditutup: stop tercapai
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Unfortunately hit stop loss. What looked like a clear winner ended being a loss. Fortunately with good risk management the loss isn't that big. This trade is over. On to next opportunity