Mar 23 • Executed Trades
Silver Trade - Break Down
Silver Trade Breakdown (23rd March)
We came into today with a clear bearish bias. As I mentioned in the Gold weekly roadmap, I had specific areas mapped out where I wanted to see price deliver into before considering any move back to the upside.
However, this is exactly why we react to price rather than predict it.
Market Shift & Inducement -
On Silver, we saw a major inducement form, followed by a mitigation of a demand zone, which led to a strong 2-leg bullish push on the 15-minute timeframe.
This type of price action is important because it signals intent — in this case, it showed that price was likely transitioning into a bullish phase, despite the initial bearish outlook.
After the bullish expansion, price began reacting around the Asia high supply, where we saw:
- Sellers getting trapped
- Liquidity being taken to the downside
- A sharp move back up, breaking above the Asia high
This break and continuation effectively confirmed the S2D bullish zone.
Entry Logic
Following the break of structure (BOS) above the Asia high, price pulled back into the BOS area — a classic retest — before continuing higher.
At the same time, we saw:
- A Smart Money Trap (SMT) around previous supply
- Further seller inducement
- A push down into my POI (S2D zone)
This created the ideal conditions for a continuation long.
Execution
This was a slightly more aggressive entry, even though the overall framework remained conservative.
Instead of placing a limit order, I waited for confirmation that price still had bullish intent. We could clearly see:
- Downside inducement
- Strong reaction
- Momentum building back to the upside
That was the trigger.
Risk Management & Outcome
- Stop loss placed below the low
- Took 50% partials at 1:3 RR
- Moved stop loss to break-even (BE) at the first external high
✅ Result:
- +1.5% locked in
- Remaining position protected at break-even
Key Takeaway
Even though the initial bias was bearish, the market showed clear signs of bullish intent through structure, inducement, and momentum.
The goal is not to be right about direction — it’s to align with what price is actually doing in real time.
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Silver Trade - Break Down
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