FX.co ★ SILVER M5: Bearish Symmetrical Triangle

According to the chart of M5, SILVER formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 56.69/57.27 and upper border is 57.77/57.27. The pattern width is measured on the chart at -1082 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and SILVER breaches the lower border, the price could continue its move toward 57.25.