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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 and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 63.55. The projected move is based on the pattern width of 175 points.
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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