Indicators and patterns
2/11/2025
Indicators and patterns
The first indicator is an "Advance Block" pattern identified on the XAG/USD (Silver/US Dollar) currency pair chart with a 30-minute timeframe. This pattern is considered bearish and suggests a potential trend reversal to the downside. The signal generated by the Advance Block pattern is to sell.The second indicator is a "Shooting Star" candlestick pattern also identified on the XAG/USD chart with a 30-minute timeframe. The Shooting Star pattern is a bearish reversal pattern that typically indicates a potential trend reversal to the downside. The signal generated by the Shooting Star pattern is to sell.
Both the Advance Block pattern and the Shooting Star pattern suggest a bearish outlook for the XAG/USD currency pair, indicating a potential opportunity to sell. Traders may consider these signals as part of their analysis and decision-making process when trading this currency pair.
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
