📊 SMC Analysis – Bullish Target 3,700 Hit
✅ Fake Out + BOS
Price made a fake out around the support zone and confirmed with a Break of Structure (BOS).
✅ Rejection at Support
As projected, price retested the zone and gave a rejection, signaling continuation.
✅ Distribution Breakout
The market broke out strongly from the distribution phase, validating institutional accumulation.
✅ Target Reached
The bullish move extended perfectly to the new target at 3,700, proving once again the accuracy of the setup.
🔑 Lesson
Smart Money Concepts work best when you:
1. Identify fake outs and liquidity grabs.
2. Wait for the retest and rejection.
3. Trust the structure for bullish continuation.
4. Let the trade run until TP is achieved.
👉 Another textbook execution — precise, disciplined, and profitable.
GOOD JOB TRADERS ;)
✅ Fake Out + BOS
Price made a fake out around the support zone and confirmed with a Break of Structure (BOS).
✅ Rejection at Support
As projected, price retested the zone and gave a rejection, signaling continuation.
✅ Distribution Breakout
The market broke out strongly from the distribution phase, validating institutional accumulation.
✅ Target Reached
The bullish move extended perfectly to the new target at 3,700, proving once again the accuracy of the setup.
🔑 Lesson
Smart Money Concepts work best when you:
1. Identify fake outs and liquidity grabs.
2. Wait for the retest and rejection.
3. Trust the structure for bullish continuation.
4. Let the trade run until TP is achieved.
👉 Another textbook execution — precise, disciplined, and profitable.
GOOD JOB TRADERS ;)
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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.
Related publications
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.