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    9.rejection Block SMT-1

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    Abdul azeez
    A bearish rejection block occurs when a price high forms with long wicks above the candlestick body, indicating buyers were rejected, before the price declines. A bullish rejection block is the opposite, with a price low and long wicks below the candlestick body, showing sellers were rejected before the price rallies. Smart money technique (SMT) identifies divergences in price movements between correlated and non-correlated asset pairs, suggesting a large price move may be upcoming.

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    9.rejection Block SMT-1

    Uploaded by

    Abdul azeez
    194 views11 pages
    A bearish rejection block occurs when a price high forms with long wicks above the candlestick body, indicating buyers were rejected, before the price declines. A bullish rejection block is the opposite, with a price low and long wicks below the candlestick body, showing sellers were rejected before the price rallies. Smart money technique (SMT) identifies divergences in price movements between correlated and non-correlated asset pairs, suggesting a large price move may be upcoming.

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    9.Rejection Block SMT-1

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    A bearish rejection block occurs when a price high forms with long wicks above the candlestick body, indicating buyers were rejected, before the price declines. A bullish rejection block is the opposite, with a price low and long wicks below the candlestick body, showing sellers were rejected before the price rallies. Smart money technique (SMT) identifies divergences in price movements between correlated and non-correlated asset pairs, suggesting a large price move may be upcoming.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    194 views11 pages

    9.rejection Block SMT-1

    Uploaded by

    Abdul azeez
    A bearish rejection block occurs when a price high forms with long wicks above the candlestick body, indicating buyers were rejected, before the price declines. A bullish rejection block is the opposite, with a price low and long wicks below the candlestick body, showing sellers were rejected before the price rallies. Smart money technique (SMT) identifies divergences in price movements between correlated and non-correlated asset pairs, suggesting a large price move may be upcoming.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 11

    Rejection block

    BearishRejection block

    m
    Bearish Rejection Block is when a
    Price High has formed with long wicks
    on the high(s) of the candlestick\s)
    and Price reaches up above the body
    of the candle(s) to run Buy Side
    Liquidity out before Price Declines.
    n
    Bullish Rejection Block is when a Price
    Low has formed with long wicks on the
    lows) of the candlesticks) and Price
    reaches down below the body of the
    candle(s) to run Sell Side Liquidity out
    before Price Rallies higher.

    BearishRejection block
    ICT SMT Divergence or ICT smart money technique

    Correlated pair

    SMT is a crack in correlation between those pairs and one of the pairs shows heavy accumulation, meaning there is some shady things
    happening that is gonna push prices higher or lower with great power and also SMT helps to find a reversal.

    SMT is not a indicator indicator but a real indicator derived looking the correlated and non correlated asset pairs prices.
    ICT SMT Divergence or ICT smart money technique

    Non-correlated
    or
    Opposing correlated

    SMT is a crack in correlation between those pairs and one of the pairs shows heavy accumulation, meaning there is some shady things
    happening that is gonna push prices higher or lower with great power and also SMT helps to find a reversal.

    SMT is not a indicator indicator but a real indicator derived looking the correlated and non correlated asset pairs prices.

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