Trading Reversal XAGUSD Patterns & Continuation Silver Trading Chart Patterns
Silver Chart Patterns - Silver Technical Analysis XAGUSD Chart Patterns Silver Trading StrategiesXagusd chart patterns are graphical representations of repeating xagusd price action formations that are commonly used in the xagusd trading market.
Silver Trading Chart Patterns is one of the studies used in silver technical analysis to help silver traders learn how to recognize these repeating XAGUSD Chart Patterns formations.
These XAGUSD Chart Patterns are important in silver trading because when the xagusd trading market is not moving in a particular direction it is forming a xagusd chart pattern. It is important to know these XAGUSD Chart Patterns formations so as to have an idea of what might be the next move in the xagusd trading market.
When xagusd price movements are drawn there are several XAGUSD Chart Patterns formations that occur naturally and repeat themselves over and over again. These XAGUSD Chart Patterns formations are used by a lot of xagusd trading technical traders to predict the next silver market move.
Traders often study these XAGUSD Chart Patterns formations to gauge supply and demand forces that form the basis for xagusd price fluctuations.
These XAGUSD Patterns are classified into 3 different categories:
1. Reversal XAGUSD Trading Patterns
- Double tops Silver Trading Chart Patterns
- Double bottom Silver Trading Chart Patterns
- Head and shoulders Silver Trading Chart Patterns
- Reverse head and shoulders Silver Trading Chart Patterns
2. Continuation XAGUSD Trading Patterns
- Ascending triangle Silver Trading Chart Patterns
- Descending triangle Silver Trading Chart Patterns
- Bull flag/pennant Silver Trading Chart Patterns
- Bear flag/pennant Silver Trading Chart Patterns
3. Bilateral
- Symmetric triangle - Consolidation Silver Trading Chart Patterns
- Rectangle - Range Silver Trading Chart Patterns
Reversal patterns - Silver Trading Chart Patterns - confirm the reversal of the xagusd trading market silver trend once this reversal xagusd chart pattern setup is confirmed. These Reversal XAGUSD Chart Patterns are formed after extended silver market silver trend either upwards or downwards & these reversal silver trading patterns signal that the xagusd trading market is ready to reverse.
Continuation patterns Silver Trading Chart Patterns - are formations that set up the xagusd trading market for a silver trend continuation move in direction of the prior Silver trend. These Continuation XAGUSD Chart Patterns are formed when the xagusd trading market is taking a pause before continuing in the same direction of the previous Silver trend.
Consolidation patterns Silver Trading Chart Patterns - form when the xagusd trading market is taking a break before deciding the next direction to take. When these Consolidation XAGUSD Chart Patterns are formed - the xagusd trading market is trying to decide what direction to trade.
Technical XAGUSD Trading Chart Analysis of XAGUSD Trading Chart Patterns
There are two different types of silver trading chart analysis, these two might seem similar but are not: the two are:
- Japanese Candlesticks Patterns - Study of a single candlestick - Read Japanese Silver Candlesticks Patterns
- Study of a series of silver candlesticks formations
(This learn silver trading tutorial is about the second option above - Silver Trading Chart Patterns)
The different topics for these two types xagusd trading analysis are:
Japanese Silver Candles
Silver Patterns Guides
- 56. Head and Shoulders XAGUSD Chart Patterns & Reverse Head & Shoulders Silver Trading Chart Patterns
The examples below also illustrate the difference of the formations of these two silver technical analysis methods.
Candles Patterns - Study of a single candle
Study of a series of xagusd candlestick s
