Bollinger Bands Silver Trend Reversals

A trader should wait for the xagusd price to turn in the opposite direction after touching one of the silver trading Bollinger bands before considering that a silver trading reversal is happening.

Even better a trader should see the xagusd price cross over the moving average.

Double Bottoms XAGUSD Trend Reversals

A double bottom is a buy silver signal setup. Double tops occurs when xagusd price action penetrates the lower Bollinger band then rebounds forming the first xagusd price low, then after a while another xagusd price low is formed, and this time it is above the lower Bollinger band.

The second xagusd price low must not be lower than the first one and it important is that the second xagusd price low does not touch or penetrate the lower Bollinger band. This bullish xagusd trading setup is confirmed when the xagusd price action moves and closes above the middle band (simple moving average).

Double Bottoms - Bollinger Bands Silver Trend Reversals Trading Strategy Using Double Bottoms Silver Trading Chart Patterns

Double Tops XAGUSD Trend Reversals

A double top is a sell silver signal setup. Double tops occurs when xagusd price action penetrates the upper Bollinger band then rebounds down forming the first xagusd price high., then after a while another xagusd price high is formed, and this time it's below the upper Bollinger band.

The second xagusd price high must not be higher than the first one and it important is that the second xagusd price high does not touch or penetrate the upper Bollinger band. This bearish xagusd trading setup is confirmed when the xagusd price action moves and closes below the middle band (simple moving average).

Double Tops - Bollinger Bands Silver Trend Reversals Trading Strategy Using Double Tops Silver Trading Chart Patterns