According to the chart of H1, SILVER formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 22.92/23.64 whereas the upper border goes across 24.40/23.64. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of SILVER will breach the upper border to head for 23.68. FX.co ★ SILVER H1: Bullish Symmetrical Triangle
Signal strength 4 of 5
SILVER H1: Bullish Symmetrical Triangle
According to the chart of H1, SILVER formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 22.92/23.64 whereas the upper border goes across 24.40/23.64. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of SILVER will breach the upper border to head for 23.68. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade