Will SILVER Collapse or Surge from here?
Here, In the beginning, the trend was incremental. But after making a sharp peak, it converted into the descending one.
It started to increase by making arc-shaped strong support and fell from the peak.
The trend made an ascending triangle between the support trendline and resistance trendline.
If from the last candle of an ascending triangle, It moves in the upper direction, there will be an ascending trend, and the targets will be 26.4186 and 27.3800.
But if it will fall after the ascending triangle, There will be a downtrend.
And targets will be 21.2500 and 20.2686.
It started to increase by making arc-shaped strong support and fell from the peak.
The trend made an ascending triangle between the support trendline and resistance trendline.
If from the last candle of an ascending triangle, It moves in the upper direction, there will be an ascending trend, and the targets will be 26.4186 and 27.3800.
But if it will fall after the ascending triangle, There will be a downtrend.
And targets will be 21.2500 and 20.2686.
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