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FX.co ★ SILVER M5: Bullish Symmetrical Triangle

SILVER M5: Bullish Symmetrical Triangle

Bullish Symmetrical TriangleThe Bullish Symmetrical Triangle pattern has formed on the SILVER M5 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 54.16 and 53.77, respectively. The pattern width is 385 points. If the price breaks above the upper boundary at 54.16, it is likely to move toward 53.96.
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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