I am sharing a trading idea on Kotak Bank based on Smart Money Concepts (SMC).
Price has already taken weekly ERL (External Range Liquidity) and then moved back into IRL (Internal Range Liquidity), indicating a higher-timeframe liquidity grab and potential rebalancing phase.
On the H4 timeframe, price is forming a Market Maker Buy Model (MMBM).
The sell-side curve has been completed, suggesting downside liquidity has been fully taken. After this, price has started transitioning into the buy-side curve, which points toward a possible bullish expansion.
This structure suggests that smart money may now seek buy-side liquidity, provided price continues to respect higher-timeframe structure and holds above key demand areas.
This idea is for educational purposes, and confirmation should be taken using proper entry models, risk management, and market conditions.
Price has already taken weekly ERL (External Range Liquidity) and then moved back into IRL (Internal Range Liquidity), indicating a higher-timeframe liquidity grab and potential rebalancing phase.
On the H4 timeframe, price is forming a Market Maker Buy Model (MMBM).
The sell-side curve has been completed, suggesting downside liquidity has been fully taken. After this, price has started transitioning into the buy-side curve, which points toward a possible bullish expansion.
This structure suggests that smart money may now seek buy-side liquidity, provided price continues to respect higher-timeframe structure and holds above key demand areas.
This idea is for educational purposes, and confirmation should be taken using proper entry models, risk management, and market conditions.
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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.
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.