Strategy Framework: SMC (CHOCH, POI, Supply/Demand Zones)
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Key Concepts on Chart
Confirmed bullish CHOCH from higher timeframe demand zone (orange). Signals intent of bullish reversal.
✅ Strong Demand Zone (Yellow Box)
H4 demand zone holds — price swept liquidity below recent swing low and respected demand.
✅ Target Supply Zones (Marked in Yellow)
1st target: 1.1450 – 1.1500
2nd target: 1.1550 (High timeframe supply)
✅ Elliott Wave Context
Wave (4) completion + bullish impulse toward Wave (5) continuation possible — aligning with SMC bias.
Entry Idea:
> Long after confirmed CHOCH & mitigation of minor demand zone (~1.1240 – 1.1260)
Target 1:
> 1.1420–1.1450 Supply Zone
Target 2:
> 1.1500–1.1550 Higher Supply Zone
Invalidation (Stop Loss):
> Below major demand (
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Key Concepts on Chart
Confirmed bullish CHOCH from higher timeframe demand zone (orange). Signals intent of bullish reversal.
✅ Strong Demand Zone (Yellow Box)
H4 demand zone holds — price swept liquidity below recent swing low and respected demand.
✅ Target Supply Zones (Marked in Yellow)
1st target: 1.1450 – 1.1500
2nd target: 1.1550 (High timeframe supply)
✅ Elliott Wave Context
Wave (4) completion + bullish impulse toward Wave (5) continuation possible — aligning with SMC bias.
Entry Idea:
> Long after confirmed CHOCH & mitigation of minor demand zone (~1.1240 – 1.1260)
Target 1:
> 1.1420–1.1450 Supply Zone
Target 2:
> 1.1500–1.1550 Higher Supply Zone
Invalidation (Stop Loss):
> Below major demand (
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.