Silver trading channel

Silver has established nice trading channel from recent lows (green) and has tested it several times and it holds nice support. I will try to manage nice entry point at it or if it breaks down to the long term channel (blue) then there - or in at two steps. Then I expect it bounce back to the upper trend line at least.
the only thing that spoils my optimism and believe in good timing is the price before March crash - I was not trading commodities by then so I dont know why it dropped so low from the 2011 highs. So anyone with a good idea/ knowledge please comment!!
I would be happy to learn some more! So dont crusify me:-))