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Smcconcepts

BTC SHORTBTCUSD has been in a downtrend as can be seen structurally on chart. After the nice break of structure to the downside, price has now made its way back to the Point of Interest that caused the BOS. Price is currently distributing at the POI and could begin making its way down south. A Clear break and close below 22300 could signal the beginning of the bearish move back down to liquidity resting below 15500. Always remember to apply proper risk and money management and do not over leverage your account.
COINBASE:BTCUSD
by tonyeiyetan
1
Smart Money Concept - TerminologyToday i would like to share full list of basic terminology Smart Money Concept To all newbies this list will be useful HH (Higher High) - high maximum HL (Higher Low) - high low LH (Lower High) - low high LL (Lower Low) - low minimum Fib (Fibonacci) PDH is the high of the previous day. PDL is the low of the previous day. PWH is the high of the previous week. PWL is the low of the previous week. DO - opening of the day. WO - opening of the week. MO is the opening of the month. YO - discovery of the year. TF (TF) – timeframe MN (Monthly) - monthly W (Weekly) - weekly D (Daily) - daily H4 (4 hours) - 4 hours H1 (1 hour) M15 (15 minute) - 15 minutes M1 (1 minute) MS (Market Structure) - market structure BOS (Break of Structure) MOM (Momentum) - momentum. Time difference between impulse and corrective wave HTF (Higher Time Frame) LTF (Lower Time Frame) – lower timeframe RSP (Real Structure Point) - key structural point PRZ (Price Reversal Zone) – price reversal zone CPB (Complex Pullback) RR (Risk:Reward) – risk/reward TGT (Target) SL (Stop-loss) - stop order BE (Breakeven) - breakeven PA (Price Action) - price movement Liq (Liquidity) – liquidity EQH (Equal Highs) - equal highs EQL (Equal Lows) - equal lows SMC (Smart Money Concept) - the concept of smart money DD (Drawdown) - drawdown Be (Bearish) – bearish trend Bu (Bullish) – bullish trend HNS (Head and Shoulders) - head and shoulders IT (Institutional Traders) - institutional traders CO (Composite Operators) - composite operators WHB (Weak Handed Buyers) - Weak Buyers WHS (Weak Handed Sellers) - Weak Sellers DP or POI (Decision Point) or (Point of Interest) - decision point or point of interest IMB (Imbalance) - imbalance SHC (Stop Hunt Candle) OB (Order Block) - block of orders OBIM (Order Block with Imbalance) - a block of orders with an imbalance OBOB (Lower timeframe Order Block with a higher timeframe Order Block) – LTF order block in the HTF order block zone WKF (Wyckoff) PS (Preliminary Support) - preliminary support PSY (Preliminary Supply) - preliminary offer SC (Selling Climax) - Selling Climax AR (Automatic Rally) - automatic rally ST(Secondary Test) - secondary test SPR (Spring) - the final position by a major player, followed by the liquidation of the last players in the market Test (Test) SOS (Sign of Strength) - a sign of strength SOW (Sign of Weakness) - a sign of weakness LPS (Last Point of Support/Supply) LPSY (Last Point of Supply) - the last point of the offer BU (Back-up) - price return to the range to cover the imbalance JAC (Jump across the creek) is another name for SOS UT (Upthrust) - the primary move out of the range to capture liquidity TR (Trading Range) – trading range WAS (Wyckoff Accumulation Schematic) WDS (Wyckoff Distribution Schematic) WICK - a candle with a long shadow, which removes liquidity, stops. A squeeze is a rapid rise or fall in prices. Range - sideways price movement in a certain period without updating highs and lows. Deviation (deviation) - a false exit, beyond the boundaries of the range. EQ - (equlibrium) - the middle of the range. TBX is the entry point. Take Profit - take profit. STB - sweep (manipulation) of liquidity, the sale of an asset before growth. BTS - sweep (manipulation) of liquidity, the purchase of an asset before the fall. AMD (accumulation manipulation distribution) - accumulation, manipulation, distribution ( distribution) Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
BITSTAMP:BTCUSDEducation
by Crypto4light
2
Smart Money Concepts Basic Entry - How To Smart Money ConceptsThis is a Smart Money Concepts Diagram With Basic Entry Examples Wait for a break of structure Price will likely return to a supply or demand zone Upon retracement follow the same model on a lower time frame OR place a pending order on the supply/demand zone for the entry. Set full or partial take profit at the next high/low These are the main smart money trade setups that you will find in your charts, this is how smart money (big banks, funds, composite man, etc.) manipulate markets to engineer liquidity. Smart money concepts like this are painfully simple and often offer a high risk to reward ration without complicated indicators or complex rules. I hope you find this to be a useful reference diagram for Smart Money trade setups 😁 You can use this as a printable PDF or save it for your digital notes If you have any questions please comment below and I can make updates to the F.A.Q.
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by renegadeforex