🔤Terminologies

1. Accumulation:

2. Distribution:

3. Supply Zone: A zone where big guys place sell orders

4. Demand Zone: A zone where big guys place buy orders

5. Fair Value Gap:

6. Imbalances:

7. Order block:

8. Market Structure

9. Market Structure Shift

10. Gaps:

11. Change of Character (CHoCH):

12. Break of Structure (BOS):

13. Swing High: A local high point, usually with 3 candles and middle one being the highest

14. Swing Low: A local low point, usually with 3 candles and middle one being the lowest

15. Liquidity Grab:

16. Buy side liquidity (BSL): Area at resistance where retail traders tend to place stop loss

17. Sell side liquidity (SSL): Area at support where retail traders tend to place stop loss

18. Displacement

19. Discount, Premium and Equilibrium zones

20. Breaker Blocks

21. MACD Divergence

22. RSI Divergence

Terminologies in Picture

SMC Terms in Picture

References

https://trendspider.com/blog/ict-basics-a-beginners-guide/