AUD/SGD 4H Chart: Channel Up

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 17, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    XAG/USD 4H Chart: Ascending Triangle Comment: Silver has been in a distinct downtrend since the first half of 2011, but there is a good possibility that in the perspective of the next several weeks the metal is going to appreciate. At the moment, the price is forming an ascending triangle—an argument in favour of growing demand. The bullish outlook will be confirmed once resistance at 15.86/83 is out of the way. In this case, considering the height of the pattern (200 pips), the target will be

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