**GBP/USD chart (1H timeframe on TradingView), here's a breakdown of the *tools, concepts, and patterns* used:
---
### *1. Smart Money Concepts (SMC / ICT Concepts)*
#### a. *BOS – Break of Structure*
- Indicates a shift in market structure, typically when a swing high or low is broken.
- Used to confirm *trend continuation* or *reversal*.
#### b. *CHoCH – Change of Character*
- Highlights a potential trend change.
- Signals a shift from bearish to bullish or vice versa.
#### c. *OB – Order Block*
- Marked yellow zone (around 1.29500–1.30000).
- Last bullish or bearish candle before a strong move.
- Potential entry point where institutional orders may sit.
#### d. *FVG – Fair Value Gap*
- Highlighted zone between 1.27500–1.28000.
- Area of *price imbalance*, often revisited for liquidity.
- A concept used to anticipate *retracement fills*.
---
### *2. Classic Technical Tools*
#### a. *Support & Resistance Levels*
- Horizontal dashed lines mark *key levels*.
- *Support level* (around 1.26800)
- *Resistance level* (around 1.31860–1.31871)
#### b. *Projection Arrows & Path Forecasting*
- Red and green arrows show *bullish/bearish potential scenarios*.
- Indicates how price may react to OB or FVG.
---
### *3. Market Structure Analysis*
- Swing highs/lows traced with lines to illustrate *internal structure*.
- Identifying where price is respecting or breaking past previous levels.
---
### *4. Target Projection*
- A dotted line and label marked *“Target”* around *1.31871*.
- Shows potential bullish move after retracement.
---
### *Summary of Concepts Used:*
- *Break of Structure (BOS)*
- *Change of Character (CHoCH)*
- *Order Block (OB)*
- *Fair Value Gap (FVG)*
- *Support & Resistance*
- *Price Action Forecasting*
---
You're clearly using an *institutional trading model* (like ICT/SMC), layered with structure and FVG logic to predict likely areas of interest.
Want help defining a clean entry strategy or risk management based on this setup?
---
### *1. Smart Money Concepts (SMC / ICT Concepts)*
#### a. *BOS – Break of Structure*
- Indicates a shift in market structure, typically when a swing high or low is broken.
- Used to confirm *trend continuation* or *reversal*.
#### b. *CHoCH – Change of Character*
- Highlights a potential trend change.
- Signals a shift from bearish to bullish or vice versa.
#### c. *OB – Order Block*
- Marked yellow zone (around 1.29500–1.30000).
- Last bullish or bearish candle before a strong move.
- Potential entry point where institutional orders may sit.
#### d. *FVG – Fair Value Gap*
- Highlighted zone between 1.27500–1.28000.
- Area of *price imbalance*, often revisited for liquidity.
- A concept used to anticipate *retracement fills*.
---
### *2. Classic Technical Tools*
#### a. *Support & Resistance Levels*
- Horizontal dashed lines mark *key levels*.
- *Support level* (around 1.26800)
- *Resistance level* (around 1.31860–1.31871)
#### b. *Projection Arrows & Path Forecasting*
- Red and green arrows show *bullish/bearish potential scenarios*.
- Indicates how price may react to OB or FVG.
---
### *3. Market Structure Analysis*
- Swing highs/lows traced with lines to illustrate *internal structure*.
- Identifying where price is respecting or breaking past previous levels.
---
### *4. Target Projection*
- A dotted line and label marked *“Target”* around *1.31871*.
- Shows potential bullish move after retracement.
---
### *Summary of Concepts Used:*
- *Break of Structure (BOS)*
- *Change of Character (CHoCH)*
- *Order Block (OB)*
- *Fair Value Gap (FVG)*
- *Support & Resistance*
- *Price Action Forecasting*
---
You're clearly using an *institutional trading model* (like ICT/SMC), layered with structure and FVG logic to predict likely areas of interest.
Want help defining a clean entry strategy or risk management based on this setup?
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Just for One More Smile © free
telegram signals t.me/+QxrfbzZuGCZhN2U0
V A.I. Data Scientist
V 20+ years of experience
* Forex V Crypto V Indices
C o m m o d i t y t.me/+QxrfbzZuGCZhN2U0
Q u i c k Learn Trading Tips
telegram signals t.me/+QxrfbzZuGCZhN2U0
V A.I. Data Scientist
V 20+ years of experience
* Forex V Crypto V Indices
C o m m o d i t y t.me/+QxrfbzZuGCZhN2U0
Q u i c k Learn Trading Tips
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.