Wednesday, March 20, 2013

Silver Price Action: Fakey with Pin Setup, 21/03/2013

I did point out in the weekly chart that the metal seem to have bottomed out and that good bullish entries were to be sort after, pending nice price Action Setups. We have one today, following the close of the trading session. The Fakey with Pin Price Action Bullish setup could trigger the metal into the much awaited bullish frenzy. 

My Recommendation: Buy the pair with stops below recent lows.

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