FX.co ★ Modèles réels. Analyse technique et recommandations de trading

According to the chart of M15, SILVER formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 32.66, the lower border is 32.45. The signal means that a long position should be opened above the upper border 32.66 of the Bullish Rectangle.

According to the chart of M30, SILVER formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 32.66, the lower border is 32.45. The signal means that a long position should be opened above the upper border 32.66 of the Bullish Rectangle.

The Bullish pennant pattern is formed on the SILVER M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 32.66, a further uptrend is possible.

The Double Top pattern has been formed on SILVER M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 32.28 is broken, the downward movement will continue.

On the chart of SILVER H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 31.96; the lower boundary 31.43; the width of the pattern 530 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 31.39 level.