Understanding Smart Money Concepts (SMC) Smart Money Concepts (SMC) focus on tracking the trading activities of institutional investors, central banks, and hedge funds to anticipate price movements in financial markets. By understanding market...
Overview of Rejection Candlesticks One of the simplest things I look for on a chart is rejection. Not because every rejection candle is a trade. Actually, that’s one of the biggest mistakes I see traders make. They spot a long wick, call it a...
Market Overview and Price Action The chart displays the price movement of Silver against the US Dollar over a two-day period, specifically from September 21st (04:00) to September 22nd (05:00). The current price is hovering around 65.585, showing a...
Overview of Rejection Candlesticks The image serves as an educational guide on "Rejection Candlesticks," a fundamental concept in technical analysis used by traders to identify potential trend reversals. The central premise is that these specific...
USDJPY is currently trading at 156.959 on the 5-minute timeframe, and the overall structure reveals a market that has experienced significant volatility over the past four trading sessions, with a sharp rally, a subsequent correction, and a gradual...
