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

The Triple Bottom pattern has formed on the SILVER M5 chart. It has the following characteristics: resistance at 51.48; support at 51.07; pattern width of 405 points. If the confirmation resistance at 51.59 is broken, the price is likely to continue upward by at least 530 points.

The Double Bottom pattern has formed on the SILVER M5 chart. Its upper boundary is at 51.59, its lower boundary is at 51.06, and its width is 510 points. A break above the upper boundary at 51.59 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Bearish Rectangle has formed on the SILVER M5 chart and indicates a likely continuation of the trend. Its resistance zone is at 51.59–51.59 and its support zone is at 51.08–51.08. A break below support at 51.08 is likely to signal a continuation of the bearish trend.

The Double Bottom pattern has formed on the SILVER M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 51.54. The projected move is based on the pattern width of 460 points.

The Double Bottom pattern has formed on the SILVER M5 chart. Its upper boundary is at 51.98, its lower boundary is at 51.83, and its width is 140 points. A break above the upper boundary at 51.98 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Double Bottom pattern has formed on the SILVER M30 chart. Its upper boundary is at 52.72, its lower boundary is at 51.94, and its width is 750 points. A break above the upper boundary at 52.72 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Double Bottom pattern has formed on the SILVER M15 chart. Its upper boundary is at 52.72, its lower boundary is at 51.94, and its width is 750 points. A break above the upper boundary at 52.72 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Double Bottom pattern has formed on the SILVER M5 chart. Its support is at 53.33, its resistance is at 53.92, and its width is 590 points. A break above resistance may confirm a trend reversal, with the first target projected 610 points away.

The Bearish Symmetrical Triangle pattern has formed on the SILVER M5 chart. A break below the lower boundary at 53.27 would signal a likely continuation of the downtrend. The projected move corresponds to the pattern width of 981 points.

The Double Bottom pattern has formed on the SILVER M5 chart. Its support is at 53.95, its resistance is at 54.12, and its width is 170 points. A break above resistance may confirm a trend reversal, with the first target projected 175 points away.