Open:
High:
Low:
Close:
RECTÁNGULO
Plata
XAG/USD
1H
A rectangle happens.
In case if price collapses through the support line, the resulting move could spot a bearish price move.
Silver risks a move to the 78 level as silver becomes weak.
CANAL ASCENDENTE
Plata
XAG/USD
1H
As we can see an ascending channel is very close to being completed.
An ascending channel denotes a specific bearish signal that can be used to predict that the price to go down if price breaks down.
It is not ruled out that extra downside to 80 will form.
CANAL DESCENDENTE
Plata
XAG/USD
1H
A descending channel is almost completed, silver requires a steady bullish impulse to confirm a breakout.
A descending channel can be thought of as a useful price action indicator that identifies a move up in case if price breaks above resistance.
Silver tests a move towards the 82 mark.
CUÑA DESCENDENTE
Plata
XAG/USD
1H
A falling wedge is almost finished.
A falling wedge often predicts the more likely potential of rising prices in case if price breaks out to the the upside.
Silver to strengthen towards 80.
TRIÁNGULO DESCENDENTE
Plata
XAG/USD
4H
It looks like silver shapes a descending triangle, the price is going to break out now.
A descending triangle is a useful chart formation that spots extending an downtrend if price breaks out.
A bearish continuation towards 80 looks probable on a breakout of the descending triangle.
RECTÁNGULO
Plata
XAG/USD
1H
There is a rectangle emerging.
A rectangle predicts that the price to go down in case if price breakdown occurs.
Silver to experience further corrective weakness to the 83 mark on impulse below 84.2.
CANAL ASCENDENTE
Plata
XAG/USD
4H
An ascending channel is close to being finished, silver needs a strong move as an indication of a breakdown.
An ascending channel is believed to be a useful chart pattern that often results in a break during an uptrending market if price breaks below support.
Corrective downside to 82 looks possible.
BANDERA ALCISTA
Plata
XAG/USD
1H
A bullish flag is recognized, the price is breaking out.
Once price breaks out, the resulting move could signal that the price to go long.
It is likely that a further bullish continuation to the 88 mark will occur as bulls looking for upside correction.
RECTÁNGULO
Plata
XAG/USD
1H
As we can see the price gives a rectangle and the price asks for a strong move to confirm a breakout.
A rectangle is said to depict a useful chart pattern that predicts a next move down in case if price breakdown occurs.
It is likely that a bearish run towards the 86.5 zone will take place as extra rangebound not ruled out.
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