Those who say they do not want to follow the medium-long term market, if you take action by checking if there are any additional minor or major breakouts, your risk of losing is very low.

Terms Found on the Chart and Their Meanings:

CHOCH (Change of Character): It refers to a point where there is a significant change in price movement and the direction of the trend may change.

BOS (Break of Structure): It indicates that the price has broken a certain structure or trend. This means that a new movement may be starting.

FVG (Fair Value Gap): It is a situation where the price moves quickly and creates a gap. This gap is generally considered an indicator of imbalances in the market.

OB (Order Block): It refers to a region where there are intense buy or sell orders at a certain price level in the market. These regions can be seen as potential support or resistance levels.

Sweep: It is the situation where the price erases the entire previous movement and moves in a new direction.

Liquidity: It refers to the trading volume in the market. High liquidity helps the price move more steadily.

General Logic of the Strategy:

This strategy aims to identify potential buy and sell points by analyzing certain patterns and levels in price movements. Terms such as CHOCH, BOS, FVG and OB are used to describe these patterns. For example, a price movement towards the OB level after a FVG can be interpreted as a buy signal.

The arrows and other signs in the image indicate where to buy or sell according to this strategy. However, the use of such strategies may vary depending on market conditions and individual risk tolerance.

This strategy can be used in different financial instruments (e.g. forex, stocks, cryptocurrencies).

SMC strategy

Technical analysis

#Forex

#Stocks

#Cryptocurrency