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9.rejection Block SMT-1

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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Abdul azeez
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2K views11 pages

9.rejection Block SMT-1

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.

Uploaded by

Abdul azeez
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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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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