Pdf Smart Money Concept Top
Do not sell at resistance. Wait for price to break the previous high by a few pips (sweeping liquidity) and immediately reverse. This creates a "M" shaped double top but with a wick through the middle.
On the Daily/4H, we need a clear uptrend. We are not guessing tops; we are trading reversals. pdf smart money concept top
If you have been searching for a —a definitive guide to understanding market peaks through an institutional lens—you have found it. This article serves as your masterclass. By the end, you will understand Order Blocks, Liquidity Grabs, and the specific volume patterns that print a "Top." Note: To complement this guide, look for the downloadable PDF version at the end of this article, which contains checklists and high-probability chart models. Part 1: The Failure of Traditional "Top" Picking Before diving into SMC, we must understand why traditional indicators fail. Do not sell at resistance
A: No indicators. Use pure price action. However, a Volume Profile can help confirm distribution at the top. If price is at a high but volume is decreasing (divergence), a top is near. On the Daily/4H, we need a clear uptrend
Look left on the chart. Find the last bullish candle before the drop. That zone becomes your Supply Zone .
For traders looking to transition from guessing to precision trading, offer a blueprint. One of the most elusive skills in this methodology is identifying the "Top." Whether you are trading Forex, Crypto, or Indices, recognizing the structural exhaustion of a trend is the key to catching massive reversals.
A: Yes. Crypto markets are heavily manipulated by "whales" (institutions). SMC is arguably better for Crypto than Forex because the liquidity grabs are more obvious.