Silver Futures MCX – Chart Pattern Analysis - IntradaySilver FuturesMCX:SILVER1!ChartPathikSILVER1! A classic “Cup and Handle” breakout pattern is seen on Silver’s 5-min chart, with a bullish entry confirmed above 148,725 and an intraday target at 149,650. Pattern Logic Cup and Handle Formation: Price created a rounded base (cup) followed by a minor pullback (handle), consolidating near the recent resistance before the breakout. The breakout occurs at 148,725 with strong momentum and higher volume, confirming bullish sentiment. Trade Structure Entry: Long entry above 148,725 at pattern breakout zone. Stop Loss (SL): Placed at 148,129, below handle and support—limits risk if pattern fails. Intraday Target: 149,650 is the logical measured move, derived from cup depth and prior resistance zone, marking an ideal area for profit booking. Trade Psychology & Risk Bullish Implication: The pattern signals exhaustion of sellers and control shifting to aggressive buyers, supporting continued upside. Risk Management: Optimal R:R with defined SL and target, preventing overexposure if volatility returns or breakout fails. This setup gives a disciplined, actionable intraday plan using the classic pattern, clear SL, and logical target for Silver MCX Futures.This is a clear intraday "Cup and Handle" breakout setup for Silver Futures (MCX) on the 5-minute chart. The price broke above the pattern resistance at 148,725, confirming bullish momentum and a potential move toward the intraday target at 149,650. Key Pattern Levels and Logic Pattern Entry: 148,725 – Buy triggered above cup handle resistance. Pattern Stoploss: 148,129 – Placed just below the handle’s low to protect against false breakouts. Intraday Target: 149,650 – Set below the next visible resistance and aligns with the pattern’s measured move. Trade Plan and Psychology The "Cup and Handle" shows sellers exhausted and buyers taking control, aiming for a momentum breakout. The stoploss provides protection if price fails to sustain above entry, while the target delivers an ideal risk-reward. Volume and momentum validate the breakout, supporting disciplined long entries and timely profit booking. This technical setup gives a precise, risk-managed intraday plan for Silver Futures MCX, leveraging pattern structure and key levels to trade with conviction.