FractalTrader
Short

SLV short setup looking to happen next week

BATS:SLV   ISHARES SILVER TRUST
51 0 0
Critical prior momentum high was exceeded, setting the stage for a fall. A break to new highs will invalidate this setup, particularly if it's accompanied by volume .

I will consider this setup confirmed if support is broken on the 15 and 1hr time frames, particularly with momentum confirmation.
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