BOREARIS

Silver (XAG/USD) Double top 15 min

Silver (XAG/USD) 15 minConfirmed Oct 26, 21:15 UTC+8
HNHConfirmedClosedInvalid 54.312Neck 53.800Confirm 53.76853.752Target 1 53.543Target 53.318━ MA20 + Bollinger Bands ━ MA50 15 min70503045.29━ RSI ━ 9MA0-0.12━ MACD ━ MACD Signal10/26 13:4510/26 15:3010/26 17:1510/26 19:0010/26 20:4510/26 22:30
HNHConfirmedClosedInvalid54.312Neck53.800Confirm53.76853.752Target1 53.543Target53.318━ MA20 ━ MA5070503045.29━ RSI ━ 9MA-0.12━ MACD ━ MACD Signal26 16:0026 18:4526 21:15

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Double top: Target hit

Target53.318
First target53.543
Confirmation53.768
Invalid at54.312
Move+0.57%

Timeframe15 min
ConfirmedOct 26, 21:15
ClosedOct 26, 21:45
Duration0.8 h
Reward / risk0.83

What this tells you

Price is rejected twice at a similar high; a break below the low between them (the neckline) often marks a turn from up to down.

Check it on the live chart

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Swing points

PointTime UTC+8Price
HighOct 26, 16:1554.250
NecklineOct 26, 19:1553.800
HighOct 26, 20:3054.282
ConfirmationOct 26, 21:1553.768

Recently closed Double top patterns: 26 in total, 21 reached the target first (81%), 3 were invalidated and 2 expired. Results by pattern →

Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.

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