Silver Short Setup: High-Probability Sell Targeting SSL

Following the HTF bearish bias, silver is presenting a high-probability short setup. Price has respected both LTF and HTF Fair Value Gaps (FVGs), aligning with the overall downtrend. Additionally, the 30 MA has been decisively broken, adding confluence to the bearish narrative.

Key Points:

- HTF bearish bias confirmed with respect to FVGs on multiple timeframes.
- Price broke below the 30 MA, signaling a shift in momentum.
- High-probability sell setup targeting previous day’s low, where sell-side liquidity resides.
- Equal lows (EQL) observed at the target level, increasing the likelihood of a liquidity sweep.

Trade Idea:
- Entry: Around 29.30 after price confirms rejection from FVGs.
- Target: Sell-side liquidity at 28.78 (previous day’s low).
- Risk: Ensure proper risk management with a stop loss above the FVGs for protection.
- The setup aligns perfectly with ICT principles, leveraging liquidity sweeps and fair value gaps for high-probability entries. As always, DYOR before taking any trades.

DYOR :)