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 24.37/24.52 and upper border is 24.74/24.52. The pattern width is measured on the chart at -368 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 24.51.