FX.co ★ SILVER H1: Triple Bottom

The Triple Bottom pattern has formed on the chart of SILVER H1. Features of the pattern: The lower line of the pattern has coordinates 78.83 with the upper limit 78.83/74.86, the projection of the width is 4990 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 73.84, the price is most likely to continue the upward movement.