The price, having spiked up to grab the stops, violently reversed. It didn’t just trickle down; it crashed. It broke through the previous low that Mark had been watching.
By laminating this PDF or keeping it on a second monitor, you remove emotion from the equation. pdf smart money concept top
Place your Stop Loss safely behind the structural invalidation candle wick. The price, having spiked up to grab the
The empty space between Candle 1 and Candle 3 represents an inefficient market delivery. Price acts like a vacuum and almost always returns to fill at least 50% of this gap (Consequent Encroachment) before continuing its true direction. 5. Wyckoff Schematics in SMC By laminating this PDF or keeping it on
An Order Block (OB) is the last candle before a strong directional move. It represents the price level where institutions placed large limit orders.