Glossary
Terms, defined plainly
- DisplacementSMC
- An unusually large, one-sided move, e.g. candle bodies above 1.5-2x the recent average range.
- Lesson: Displacement and fair value gaps
- Order block (OB)SMC
- The last opposing candle before a displacement that breaks structure; a candidate zone, not proof of orders.
- Lesson: Order blocks and mitigation