was formed on 16.06 at 05:00:48 (UTC+0)
signal strength 3 of 5
signal strength 3 of 5
According to the chart of M30, SILVER produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 27.34 while the median line of the Neck is set at 27.68/27.65. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of SILVER will go towards 27.68.
Figure
Instrument
Timeframe
Trend
Signal Strength
