MCX Silver Futures – 15min Trade Analysis

SILVER1!
A fresh bullish momentum trade is identified, with price currently at 148,220 and the breakout entry having just triggered at 148,000.

Trade Structure
Entry:

Buy triggered on breakout above 148,000, confirming momentum and reversal from recent swing lows.

Stop Loss (SL):

Placed at 146,850, below the local swing low and consolidation, protecting against sudden reversal.

Target:

Set at 150,000, just below prior highs and the psychological round number, providing a strong risk-reward profile.

Logic & Risk-Reward
Upside Logic:

The setup expects the sharp recovery and volume burst to sustain. Once above 148,000, bulls may drive for a new high toward 150,000.

The position offers a favorable R:R, with the zone between 146,850 and 148,000 acting as a base.

Downside/Pullback Caution:

Any quick rejection below 148,000 or increased selling could mark a false breakout, so the SL at 146,850 is essential for protection.