Actual patterns
Patterns are graphical models which are formed in the chart by the price. According to one of the technical analysis postulates, history (price movement) repeats itself. It means that the price movements are often similar in the same situations which makes it possible to predict the further development of the situation with a high probability.
Relevant patterns by InstaTrade is an easy-to-use service which allows you to be aware of latest changes in the market and react to clues from the market in time. In our service you will always find the latest and most relevant patterns on any pair and any timeframe.
Bearish Flag
was formed on 30.05 at 05:45:30 (UTC+0)
signal strength 2 of 5
The Bearish Flag pattern has been formed on the chart SILVER M15. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks below the low at 32.90, traders should enter the market.
The M5 and M15 time frames may have more false entry points.
