SMART MONEY CONCEPT (SMC)

📊 SMC Analysis – Bullish Continuation Trade

✅ Context
The market already came from a bullish trade that created new highs. Now we see a distribution phase and a strong support zone around 3,638–3,640.

✅ Key points
• A ChoCh followed by a short-term BOS downwards, but support is still intact.
• A fake out at the support zone cleared liquidity.
• Next, a rejection is expected at the same level.

✅ Entry
A potential entry is on the retracement of the fake out, once rejection is confirmed.

✅ Projection
If support holds, price could target a new Higher High (HH) at 3,675, continuing the bullish momentum.

⚠️ Note: If support breaks, price may dip lower to grab liquidity (3,620–3,625).
GOOD LUCK TRADERS… ;)