Silver looks heavy here after failing to continue higher from the recent push into the upper range. Price traded up toward the marked resistance area near the previous monthly high and 3-month high zone, but buyers could not hold control. The chart is showing repeated rejection from the top side, and the latest candles suggest weakness after that sweep attempt.
At the same time, price has been respecting a rising short-term trendline, but now it is sitting in a very sensitive area. If this support gives way properly, the market may shift from a slow bullish correction into a bearish move. From this structure, it looks like the upside liquidity has already been tested, and the next clean draw may be toward lower liquidity.
The main idea is that after taking or reacting near buyside liquidity, price may now seek the opposite side of the range.
At the same time, price has been respecting a rising short-term trendline, but now it is sitting in a very sensitive area. If this support gives way properly, the market may shift from a slow bullish correction into a bearish move. From this structure, it looks like the upside liquidity has already been tested, and the next clean draw may be toward lower liquidity.
The main idea is that after taking or reacting near buyside liquidity, price may now seek the opposite side of the range.
Trade fechado: objetivo atingido
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
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I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.