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Sep 18, 2018 1:30 PM

Silver 12hr Squeeze + Momentum Divergence  Long

Silver/U.S. DollarFXCM

Description

Silver is squeezing on the 12hr with momentum currently to the upside, the momentum divergence looks pretty decent too. We do have to watch for a potential rollover and short fire so track the squeeze by getting the Maxx Momentum indicator tradingview.com/script/cZ7FQAtz-Maxx-Momentum-TTM-Squeeze/
To add to this silver is currently in a beautiful weekly short, I am looking for it to roll over. So this is a counter trend trade, but the set up looks good. Trade safe!!
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