FX.co ★ Actual patterns. Technical analysis and trading recommendations

According to the chart of M5, SILVER formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 68.19 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -650 pips.

The Triple Top pattern has formed on the chart of the SILVER M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 220, support level -80, and pattern’s width 905. Forecast If the price breaks through the support level 68.50, it is likely to move further down to 69.19.

According to the chart of M5, SILVER formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 67.41 and 66.85 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 555 pips. Outlook: If the upper border 67.41 is broken, the price is likely to continue its move by 67.16.

According to the chart of M5, SILVER formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 36.31 is likely to encourage a continuation of the downward trend.

According to the chart of M5, SILVER formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 36.31 is likely to encourage a continuation of the downward trend.