We are starting the week with an interesting Advanced Price Action trade setup on the metal: The Pivot Bottom Price Action Trade Setup. When we couple this with the fact that the setup has occurred at about horizontal Support, we could be in on some bullishness in the coming week or weeks.
The setups on the daily chart of silver are among my favorites: A Fakey With Pin bullish confirmation of a previous Pin Bar/Pivot Bottom Bullish setup. When I couple this with the weekly setup above, it gets further interesting. Expectation are for the bulls to kick in and push the pair higher.
My Recommendation: Go Long on this pair with stops below the recent lows.
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