XAGUSD. Close Your Trades and Take Profit. Here is a quick recap. After formed a double bottom and closed above the neckline, I waited for a pin bar or rejection candlestick to form. Two formed after the initial breakout. The second candlestick pin bar was both a pin bar and engulfing candlestick. So, I had bullish factors for this trade idea. The bullish confluence factors were double bottom, EMA 10 above EMA 20, higher lows, and initial bullish breakout candle stick engulfs previous candles. The breakout candle is huge. The breakout candle high and close price were close together. The upper wick is extremely small for this bullish break out candle.
