A bit exotic pair Silver, but daily chart is showing us nice price action.


It formed double bottom (DB) then it went up and back down again to retest neck area at 61.8 % Fibonacci retracement. Risky entry could be at 61.8% fib retrace, more conservative entry could be after resistance 15.279 break and then retest.

One who entered at 61.8% fib retrace, could pyramid in at next entry and at the same time move SL of first position to Break even.

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