Notorious_Trader

Symmetrical Triangle Pattern Spotted in Silver R:R 1 : 2.4

Panjang
MCX:SILVER1!   Silver Futures
A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend.

Symmetrical Triangle pattern spotted in weekly time frame and this about to breakout with good risk reward .
Silver is in Overall Uptrend.
It took 270 Days to form this symmetrical triangle Pattern.
Manage your risk before get into any trade.
This View is only for educational Purpose only .
Don't blindly follow anyone trade please follow your own analysis.

Penafian

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