FX.co ★ Patterns SILVER | Silver Rate in the Forex market

The Double Bottom pattern has formed on the SILVER M30 chart. Its support is at 62.58, its resistance is at 63.27, and its width is 700 points. A break above resistance may confirm a trend reversal, with the first target projected 740 points away.

The Double Bottom pattern has formed on the SILVER M15 chart. Its upper boundary is at 63.27, its lower boundary is at 62.53, and its width is 700 points. A break above the upper boundary at 63.27 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Triple Bottom pattern has formed on the SILVER M15 chart. A break above the confirmation resistance at 65.40 may signal a reversal from a downtrend to an uptrend.

The Triple Bottom pattern has formed on the SILVER M5 chart. It has the following characteristics: resistance at 65.20; support at 65.06; pattern width of 135 points. If the confirmation resistance at 65.45 is broken, the price is likely to continue upward by at least 290 points.

The Double Top pattern has formed on the SILVER H1 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 65.59 is likely to confirm further downward movement.

The Double Top reversal pattern has formed on the SILVER M30 chart. Its upper boundary is at 66.50, its lower boundary is at 65.59, and its width is 910 points. A short position may be considered below the lower boundary at 65.59, with a potential target at 65.56.

The Double Top reversal pattern has formed on the SILVER M15 chart. Its upper boundary is at 66.50, its lower boundary is at 65.59, and its width is 910 points. A break below the lower boundary is likely to confirm further downward movement toward 65.57.

The Triple Top reversal pattern has formed on the SILVER M5 chart. Its upper boundary is at 65.80/66.36, its lower boundary is at 65.03/66.22, and its current width is 275 points. If the confirmation support at 65.03 is broken, that width can be used to project the downward move.

The Bullish Symmetrical Triangle pattern has formed on the SILVER M5 chart, signaling a likely continuation of the trend. Its upper boundary passes through 65.80/65.65, while its lower boundary passes through 65.53/65.65. The pattern width is 274 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 65.65 could send the price toward 65.66.

The Triple Top reversal pattern has formed on the SILVER M5 chart. Its upper boundary is at 65.53/65.79, its lower boundary is at 65.41/65.53, and its current width is 270 points. If the confirmation support at 65.41 is broken, that width can be used to project the downward move.