Entry Price: $93.850 (Equilibrium of the M15 Displacement FVG)
••• Symbol: XAG/USD (Silver)
••• Logic: BSL Sweep + M15 MSS + FVG Retest (The "Silver Bullet" Trap)
••• Action: SELL - Short-term Mean Reversion
••• Pattern Detected: SMT Divergence with Gold + Bearish Engulfing Displacement
••• SL: $95.350 - Protected HTF High
••• SL Points: 150 pips ($1.50)
••• TP 1 (Partial): $91.600 (1:1.5 RR - Previous Internal SSL)
••• TP 2 (Final): $88.500 (Major H4 Discount Array)
••• TP Points: 535 pips ($5.35)
••• Confidence: 92% (Meets all Step 3 logic gates)
Brief Analysis:
The 'Trap' was set at the $95.00 psychological level, where a marginal sweep of the Asian High induced breakout buyers. The subsequent forceful displacement lower on the M15 timeframe created a massive Fair Value Gap (FVG), confirming institutional profit-taking. We are entering on the "Return to Impulsive Move" to catch the secondary distribution phase as price targets the 'internal' sell-side liquidity resting at $91.00.
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