00:00Is silver on the verge of a massive collapse, or are we witnessing a temporary pause?
00:05Please watch the full video. Looking closely at the image underscore 843-03 link to .png chart,
00:12the overall market structure is clearly bearish. We are currently seeing a consistent sequence of
00:17lower highs and lower lows, with the market currently in a significant retracement phase
00:22inside this dominant downtrend. Price is now pulling back directly into the primary supply
00:27zone located between 75.5 and 76.5. Our primary focus is on these key supply levels,
00:35while demand sits much lower at 73.5 to 74.5 and a major base at 69.0. Our directional
00:42mapping
00:43heavily favors the bearish scenario for today. A rejection from this current supply zone would
00:48signal a strong continuation of the downtrend. Our main entry will be in this order block zone.
00:54As price retraces here, we will start building our position carefully. For this specific trade,
01:00precision is absolutely everything. For this trade, our invalidation level will be just below
01:05the recent swing low. That is, if price breaks this level, our current bias will change immediately.
01:12If price manages a strong break above 76.5 and holds, we would look for a short-term bullish
01:17pullback instead. However, the preferred move is a rejection to the downside. Our final scenario or
01:24objective for this movement is to clear the liquidity zone above. This includes hitting
01:28scenario 1 at 74.5, scenario 2 at 72.5, and eventually scenario 3 at 70.0. For a sniper
01:37entry,
01:38watch for a liquidity sweep above 76 followed by a bearish break of structure on the 5-minute or 15
01:43-minute
01:43time frame. Avoid buying at this level as it is directly against the major structure. Always follow
01:50proper risk management. See you in the next video. Follow for more the next analysis is coming very soon.
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