Smart Money Concept - Terminology

Today i would like to share full list of basic terminology Smart Money Concept
To all newbies this list will be useful

HH (Higher High) - high maximum
HL (Higher Low) - high low
LH (Lower High) - low high
LL (Lower Low) - low minimum
Fib (Fibonacci)

PDH is the high of the previous day.
PDL is the low of the previous day.
PWH is the high of the previous week.
PWL is the low of the previous week.
DO - opening of the day.
WO - opening of the week.
MO is the opening of the month.
YO - discovery of the year.

TF (TF) – timeframe
MN (Monthly) - monthly
W (Weekly) - weekly
D (Daily) - daily
H4 (4 hours) - 4 hours
H1 (1 hour)
M15 (15 minute) - 15 minutes
M1 (1 minute)

MS (Market Structure) - market structure
BOS (Break of Structure)
MOM (Momentum) - momentum. Time difference between impulse and corrective wave
HTF (Higher Time Frame)
LTF (Lower Time Frame) – lower timeframe
RSP (Real Structure Point) - key structural point
PRZ (Price Reversal Zone) – price reversal zone
CPB (Complex Pullback)
RR (Risk:Reward) – risk/reward
TGT (Target)
SL (Stop-loss) - stop order
BE (Breakeven) - breakeven
PA (Price Action) - price movement
Liq (Liquidity) – liquidity
EQH (Equal Highs) - equal highs
EQL (Equal Lows) - equal lows
SMC (Smart Money Concept) - the concept of smart money
DD (Drawdown) - drawdown
Be (Bearish) – bearish trend
Bu (Bullish) – bullish trend
HNS (Head and Shoulders) - head and shoulders
IT (Institutional Traders) - institutional traders
CO (Composite Operators) - composite operators
WHB (Weak Handed Buyers) - Weak Buyers
WHS (Weak Handed Sellers) - Weak Sellers
DP or POI (Decision Point) or (Point of Interest) - decision point or point of interest
IMB (Imbalance) - imbalance
SHC (Stop Hunt Candle)
OB (Order Block) - block of orders
OBIM (Order Block with Imbalance) - a block of orders with an imbalance
OBOB (Lower timeframe Order Block with a higher timeframe Order Block) – LTF order block in the HTF order block zone

WKF (Wyckoff)
PS (Preliminary Support) - preliminary support
PSY (Preliminary Supply) - preliminary offer
SC (Selling Climax) - Selling Climax
AR (Automatic Rally) - automatic rally
ST(Secondary Test) - secondary test
SPR (Spring) - the final position by a major player, followed by the liquidation of the last players in the market
Test (Test)
SOS (Sign of Strength) - a sign of strength
SOW (Sign of Weakness) - a sign of weakness
LPS (Last Point of Support/Supply)
LPSY (Last Point of Supply) - the last point of the offer
BU (Back-up) - price return to the range to cover the imbalance
JAC (Jump across the creek) is another name for SOS
UT (Upthrust) - the primary move out of the range to capture liquidity
TR (Trading Range) – trading range
WAS (Wyckoff Accumulation Schematic)
WDS (Wyckoff Distribution Schematic)

WICK - a candle with a long shadow, which removes liquidity, stops.
A squeeze is a rapid rise or fall in prices.
Range - sideways price movement in a certain period without updating highs and lows.
Deviation (deviation) - a false exit, beyond the boundaries of the range.
EQ - (equlibrium) - the middle of the range.
TBX is the entry point.
Take Profit - take profit.
STB - sweep (manipulation) of liquidity, the sale of an asset before growth.
BTS - sweep (manipulation) of liquidity, the purchase of an asset before the fall.
AMD (accumulation manipulation distribution) - accumulation, manipulation, distribution ( distribution)

Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!

✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.

---

• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!