FX.co ★ SILVER M5: Triple Bottom

The Triple Bottom pattern has formed on the chart of SILVER M5. Features of the pattern: The lower line of the pattern has coordinates 27.84 with the upper limit 27.84/27.77, the projection of the width is 130 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 27.71, the price is most likely to continue the upward movement.