Core Elements of SMC
Core Elements of SMC
Market Structure
BOS
CHoCH (Change of Character)
Higher Highs / Higher Lows
Trend vs range
Liquidity
Equal highs / lows
Liquidity grabs
Stop hunts
Inducement (less formalized)
Key Levels
Order Blocks
Supply / Demand zones
Premium / Discount zones (sometimes used)
Price Action
Impulse vs correction
Consolidation
Break and retest logic
Execution
Structure-based entries
Partial multi-timeframe use
Less emphasis on time
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