Indicators and patterns
3/21/2025
Indicators and patterns
The indicator identified is the "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 signaling a bearish trend reversal. The 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 suggests a potential shift in momentum from bullish to bearish.
The signal generated from this Harami Pattern is to "Sell" XAG/USD. The price at the time of the signal was 33.1865. The signal was generated on March 21, 2025, at 4:15 UTC.
Traders and investors may interpret this signal as an indication to consider selling their XAG/USD positions or to avoid entering new long positions, anticipating a potential downward movement in the price of Silver against the US Dollar. It is important to consider other factors and use risk management strategies when making trading decisions based on this signal.
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
