Method: Smart Money Concepts (SMC)
Date: April 13, 2025
🔍 Market Structure Overview
Current trend: Bearish
The chart clearly shows a sequence of Breaks of Structure (BOS) to the downside, indicating strong bearish pressure.
The latest Change of Character (CHoCH) occurred in early February 2025, marking a shift from accumulation/distribution into a downward phase.
🧠 Smart Money Concepts Highlights
Break of Structure (BOS)
Multiple BOS levels broken to the downside, confirming institutional selling activity.
The most recent BOS around $1,700 now acts as a key resistance zone.
Change of Character (CHoCH)
A confirmed CHoCH to the downside reflects a structural shift in favor of sellers.
Equal Highs (EQH) & Weak Low
The EQH has already been taken, indicating liquidity sweep above prior highs.
The Weak Low near $1,360 now becomes a likely downside target for smart money.
🧱 Key Supply & Demand Zones
Supply Zones (Resistance):
$1,950 – $2,300
$2,650 – $2,850
$3,100 – $3,500 (major EQH + distribution zone)
Demand Zone:
$1,360 – $1,300 (Weak Low and liquidity pool)
📉 Swing Trading Plan (Bearish Bias)
🔻 Potential Short Setup
Entry Area (Sell on Rally):
Price retracing into the $1,720 – $1,800 area (minor supply zone + previous BOS level)
Entry Confirmation:
Look for signs of bearish intent on the H4 timeframe:
Swing Failure Pattern (SFP)
Minor BOS
Bearish engulfing
Take Profit Targets:
TP1: $1,360
TP2: $1,280
Stop Loss (SL):
Above $1,850 (invalidates the bearish structure)
🔄 Alternative Bullish Scenario
A clean breakout and hold above $1,850 could indicate a CHoCH to the upside, potentially signaling a medium-term bullish reversal. However, the current structure remains bearish until proven otherwise.
📌 Conclusion
Bias: Bearish while price remains below $1,800
Strategy: Sell on retracement into premium zone
Confirmation: Look for SFP, BOS, or bearish PA on H4
Target Levels: $1,360 – $1,280
For full breakdown and SMC swing strategies, search: KepoinTrading on Google
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.
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.