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FX.co ★ SILVER M15: Double Bottom

SILVER M15: Double Bottom

Double BottomThe Double Bottom pattern has formed on the SILVER M15 chart. Its upper boundary is at 63.27, its lower boundary is at 62.53, and its width is 700 points. A break above the upper boundary at 63.27 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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