Silver Squeeze Setting Up with the Bollinger Band Suite

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This is an interesting and reliable setup taking place. If you notice all the vertical red lines show a period close to or at a 125 day low in volatility. Also take note of the price relative to its location of the Bollinger Bands. Two things seem to happen a few days after the vertical red lines which signifies the low point of volatility. Volatility picks up and we seem have a variation of a two bar reversal. So if history repeats itself then we could see a dip lower outside the lower BB next week followed by a sharp reversal upwards. Wait and see is the approach for now.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.