Indicators and patterns
2/5/2025
Indicators and patterns
The indicator and pattern identified is a "Harami Pattern" on the XAG/USD (Silver/US Dollar) currency pair, observed on the 15-minute timeframe.In this specific instance, the Harami Pattern is bearish, suggesting a potential reversal in the price movement. The signal generated from this pattern is to sell, indicating a possible downturn in the price of XAG/USD.
The Harami Pattern consists of two candlesticks, where the first candlestick is larger and the second one is smaller and is contained within the range of the first candle. This pattern indicates a potential reversal in the prevailing trend.
In this case, the Harami Pattern has been identified at a price of 32.2895 on February 5, 2025, at 6:00 AM. Traders and investors may interpret this pattern as a signal to consider selling XAG/USD positions or to be cautious about potential downside risk.
This is not investment advice. Remember to verify the information provided here.
Get access to the full analysis
- Over 35 000 indexes
- CFD, Forex, Crypto and Stocks Exchange
- Over 150 Indicators
- Pattern and candle analysis
- Support and resistance levels
- Fundamental, technical and sentimental analysis
- Power from AI
