logo

FX.co ★ SILVER M5: Bullish Rectangle

SILVER M5: Bullish Rectangle

Bullish RectangleAccording to the chart of M5, SILVER formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 94.07 and support 92.48. In case the resistance level 94.07 - 94.07 is broken, the instrument is likely to follow the bullish trend.
The M5 and M15 time frames may have more false entry points.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction
Go to the patterns list Go to graph