Short Trade in Silvermic futures

Dec 30, 2024

Short trade in Silver Micro Futures with a clear trendline breakdown on the 15-minute timeframe, followed by nearly 15 hours of consolidation. The subsequent breakdown provided an excellent selling opportunity, yielding approximately 1100-1150 points. The trade was held until the S3 pivot level, utilizing indicators like EMA and Fibonacci pivot points to confirm the setup and optimize entry and exit strategies.