Pdf: Smart Money Concept Top

Unlike traditional "higher highs/higher lows," SMC uses CHOCH (Change of Character) .

The PDF may say "use higher timeframe for bias." But:

Immediately after grabbing liquidity, price reverses aggressively. It breaks the "trendline" and prints a Lower High (LH). pdf smart money concept top

A high-quality PDF on this subject should include the following sections:

Before analyzing tops, understanding three core SMC pillars is essential: "Mark," the text seemed to whisper, "the top

An FVG is a 3-candle sequence where the high of candle 1 and the low of candle 3 leave a gap that price did not trade.

The PDF then introduced a specific tool: the Fair Value Gap (FVG). " the text seemed to whisper

It defined an FVG as an imbalance in price—represented by a large candle where the wicks don't overlap. In a bullish trend, these gaps act like magnets; price often returns to fill them.

At a market top, the PDF showed how Smart Money leaves a specific "trail."

"Mark," the text seemed to whisper, "the top is formed not when price stops going up, but when the buyers are exhausted and the sellers have found their liquidity."

Price crashes through the last Higher Low (HL). This invalidates the uptrend. The "Top" is officially confirmed.