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FX.co ★ SILVER M5: Bearish Rectangle

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Technical Analysis Patterns

2026-08-24T10:45:31
Signal strength 1 of 5

SILVER M5: Bearish Rectangle

Bearish RectangleThe Bearish Rectangle has formed on the SILVER M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 68.99 and its lower boundary is at 68.62. A short position may be considered once the price closes below the lower boundary at 68.62 of the Bearish Rectangle.
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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