📊 IWM – Smart Money Playbook in Action
🔹 15-min chart | April 14, 2025
This IWM chart shows a clear sequence of liquidity grabs and structural shifts aligned with Smart Money Concepts (SMC). Here's a breakdown of the key moves and what I'm watching next:
🔍 Key Observations:
Break of Structure (BOS) and Change of Character (ChoCH) confirm bullish intent early on.
Price retraced to a discount zone (below 0.5 Fib) and formed a strong base near $176.54–$178.15.
The rally respected the 0.618 Fib retracement ($184.32), aligning with the equilibrium zone, where price is currently consolidating.
📈 Bullish Bias:
We’ve seen a clean mitigation of the OB before the digging candle pushed into premium pricing.
Price is now in the mid-range (EQ) between discount and premium. If bulls hold above $182.75, we could see a continuation toward the next liquidity levels.
Next targets:
🔸 $186.80 (minor supply zone)
🔸 $189.50 (weekly inefficiency + liquidity)
🔸 Extended projection: $192–$193.75 (Premium + 1.618 extension)
📉 Downside Risk:
A breakdown below $182.60 would invalidate this structure and shift focus to the deeper OB zone around $178.15.
📌 Trade Setup Idea:
Entry: Above $183.00 retest with confirmation (PA or OB mitigation)
Stop: Below $182.00
Target 1: $186.80
Target 2: $189.50
Target 3: $192.09 (old high)
⚠️ Watch volume reaction around EQ and VWAP crossovers.
💡 SMC, Fibonacci, and EMA confluence at play – let price show its hand before committing.
📈 Volume confirms intent – we just follow structure and flow.
#IWM #SmartMoneyConcepts #VolumeAnalysis #LiquiditySweep #OptionsFlow #FibRetracement #TradingView #TechnicalAnalysis #Wavervanir
🔹 15-min chart | April 14, 2025
This IWM chart shows a clear sequence of liquidity grabs and structural shifts aligned with Smart Money Concepts (SMC). Here's a breakdown of the key moves and what I'm watching next:
🔍 Key Observations:
Break of Structure (BOS) and Change of Character (ChoCH) confirm bullish intent early on.
Price retraced to a discount zone (below 0.5 Fib) and formed a strong base near $176.54–$178.15.
The rally respected the 0.618 Fib retracement ($184.32), aligning with the equilibrium zone, where price is currently consolidating.
📈 Bullish Bias:
We’ve seen a clean mitigation of the OB before the digging candle pushed into premium pricing.
Price is now in the mid-range (EQ) between discount and premium. If bulls hold above $182.75, we could see a continuation toward the next liquidity levels.
Next targets:
🔸 $186.80 (minor supply zone)
🔸 $189.50 (weekly inefficiency + liquidity)
🔸 Extended projection: $192–$193.75 (Premium + 1.618 extension)
📉 Downside Risk:
A breakdown below $182.60 would invalidate this structure and shift focus to the deeper OB zone around $178.15.
📌 Trade Setup Idea:
Entry: Above $183.00 retest with confirmation (PA or OB mitigation)
Stop: Below $182.00
Target 1: $186.80
Target 2: $189.50
Target 3: $192.09 (old high)
⚠️ Watch volume reaction around EQ and VWAP crossovers.
💡 SMC, Fibonacci, and EMA confluence at play – let price show its hand before committing.
📈 Volume confirms intent – we just follow structure and flow.
#IWM #SmartMoneyConcepts #VolumeAnalysis #LiquiditySweep #OptionsFlow #FibRetracement #TradingView #TechnicalAnalysis #Wavervanir
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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.
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.