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Bearish Rectangle
was formed on 20.06 at 02:07:39 (UTC+0)
signal strength 2 of 5

Bearish Rectangle SILVER M15

According to the chart of M15, SILVER formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 36.38 - 0.00 and support 36.17 – 36.17. In case the resistance level 36.17 - 36.17 is broken, the instrument is likely to follow the bearish trend.

The M5 and M15 time frames may have more false entry points.

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