Sliver weekly analysis

Wait, Sliver is building inducement ever since 28th September after it open at 61.23 and close at 61.78 will it continue to print inducement this coming week ?

Many SMC traders will be asking this same question this weekend. Or will downtrend continue without revest?

Technical analysis on daily, 4 hours and 1 hour time frame have some information we need to read, understand and put them into consideration.

Daily time frame

On the daily chart, we will see that sliver have been on a long up trend without looking back but after a it created it recent BOS on Friday November 8th, with an unmitigated order block and gradually the price is retuning to mitigate the order block that cause the BOS.. Hopefully price will respect the point of interest.

4 hours time frame

Lets click on 4 hours time frame, you will see clearly that price is drown by the liquidity at the order block causing price heading back to daliy timeframe order block, breaking structure to down side.

After the last bearish BOS, It created liquidity/inducement go back to mitigate the point of interest (Order block) heading create another break of structure.

1 hour time frame

Could it be a bearish set up for SMC bearish expert traders? Did you see any sell setup. Let move to 1 hour price movement.

On 27th September, we have a BOS ,causing continuation of down trend, but we must be very observant.. After the BOS price alot of inducment which could make order block closer to it more safer to trade. but if it happen the way we plan then we must wait for confermation in lower timefreame be placing a short week

what did you think ?