Notorious_Trader

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

Long
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.
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