signal strength 1 of 5
According to the chart of M5, SILVER formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 36.03/36.21 whereas the upper border goes across 36.35/36.21. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of SILVER will breach the upper border to head for 36.23.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AMZN
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- AUDCAD
- AUDCHF
- AUDJPY
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- GBPAUD
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- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
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- NZDUSD
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- USDCAD
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- USDRUB
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The Double Bottom pattern has been formed on AUDCHF M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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The Bullish Flag pattern has been formed on the chart #PEP H1 which signals that the upward trend will continue. Signals: а break of the peak at 131.27 may push
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The Bullish Flag pattern has been formed on the chart #PEP H1 which signals that the upward trend will continue. Signals: а break of the peak at 131.27 may push
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