An ascending triangle is very close to being finished and the price is ready to break out now.
An ascending triangle is a technical signal that signals that the price to go down when price collapses through the support line.
Silver to drop towards the 52 zone as the commodity is at a brink of a bearish breakout.
Silver: Ascending Channel
XAG/USD,
4 hours
SHORT
Oct 17
We can see that an ascending channel is diagnosed and the price is close to breaking out now.
An ascending channel is considered to be a reliable bearish formation that has an upward slope that is used to identify a break in the price direction when price breaks through the support.
Silver looks south to 50 on a breach of 52.
Silver: Ascending Triangle
XAG/USD,
1 hour
SHORT
26 hours ago
An ascending triangle happens.
An ascending triangle is a bearish chart pattern that is angled up that spots that the price to go short when price collapses through the support line.
Extra downside to the 58 mark looks possible on a breach of 58.3 as silver failes to keep gains.
Silver: Ascending Triangle
XAG/USD,
1 hour
SHORT
23 hours ago
There is an ascending triangle identified.
An ascending triangle is considered to be a bearish indicator that indicates a sharp decline when price breaks out to the the downside.
Silver set to extend its decline to the 57.5 level on a breakout of the ascending triangle.
Silver: Ascending Channel
XAG/USD,
4 hours
SHORT
Oct 21
An ascending channel pops up.
An ascending channel depicts a reliable signal that often signals a move down in case if price breaks through the support.
Silver to push down towards the 50 zone.
Silver: Descending Channel
XAG/USD,
1 hour
LONG
Dec 13
A descending channel is nearing completion, the price demands a bigger bullish impulse as an indication of a breakout.
A descending channel is a pattern that predicts a next move up when price breaks above resistance.
XAG/USD is bullish and en route to 23 amid rising bets for the move.
Silver: Descending Channel
XAG/USD,
1 hour
LONG
Aug 18
We can see that the price completes a descending channel and the price expects a more bullish continuation for clear breakout confirmation.
A descending channel is a technical pattern with a downward bias that is used to indicate a bullish price action if price breaks through the resistance.
It is not ruled out that a bullish push up to the 22.9 mark will occur on a breach of 22.78.
Silver: Pennant
XAG/USD,
1 hour
SHORT
Mar 7
The price composes a pennant, the price is ready to break out.
Once price breakdown occurs, the move could spot a sharp decline.
XAG/USD set to extend its decline towards 21 amid rising bets for the move.
Silver: Descending Triangle
XAG/USD,
1 hour
SHORT
Feb 22
It looks like a descending triangle takes place, the price lacks a bigger correction as proof of a breakout.
A descending triangle suggests a bearish price formation that can be used to identify a move down if price breaks below support.
It is possible that corrective downside to 22.85 will occur on a breakout of the descending triangle as upside pressure alleviates.
Silver: Descending Triangle
XAG/USD,
1 hour
LONG
Jul 12
A descending triangle is close to being done and the price requests an active bullish move to confirm a breakout.
A descending triangle provides a useful price action pattern that spots that the price to go up once price breaks above resistance.
XAG/USD to move upward towards the 23.5 zone as XAG/USD resumes the upside.
Silver: Rectangle
XAG/USD,
1 hour
LONG
Oct 20
There is a rectangle materializing and the price breaks out.
A rectangle tends to be a bullish price pattern that spots a sharp rise if price breaks through the resistance.
A bullish price action to 23.3 is on the cards.
Silver: Descending Channel
XAG/USD,
1 hour
LONG
Nov 24
It seems like the price sets up a descending channel and the price is close to breaking out.
A descending channel provides a pattern that has a downward slope that typically indicates that the price to go long if price breaks above resistance.
XAG/USD to extend its rebound towards 23.9 as XAG/USD loses bearish momentum.
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Silver · XAG/USD