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 61.96 with the upper limit 61.96/61.84, the projection of the width is 200 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 61.76, the price is most likely to continue the upward movement.