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The Triple Top pattern has formed on the chart of the SILVER M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -15, support level -40, and pattern’s width 60. Forecast If the price breaks through the support level 27.30, it is likely to move further down to 27.36.

The Triple Top pattern has formed on the chart of the SILVER M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 27.30/27.34 with the upper limit 27.36/27.38; the projection of the width is 60 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 27.30, the price is most likely to continue the downward movement.

On the chart of SILVER M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 27.68; the lower boundary 27.59; the width of the pattern 95 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 27.56 level.

On the chart of SILVER M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 27.68; the lower boundary 27.59; the width of the pattern 95 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 27.56 level.

The Double Bottom pattern has been formed on SILVER M5. Characteristics: the support level 27.09; the resistance level 27.27; the width of the pattern 185 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 175 points.