Smartmoney
HIndalco Long (Swing)based off of 30m chart, an untapped demand zone has been marked. Right above it are two equal lows which may be perceived as support. This faux-support is likely to be swept through to take out the early and impatient buyers.
It is preferred that the approach to the zone is not impulsive with a shift of structure from bearish to bullish being clear.
Entry may be a limit buy or a buy on confirmation.
if this zone fails, it might probably slide down to 300 (based on daily chart) with some reaction at the intermediate zone...probably.
target is the high.
Not financial advice. GG
Bitcoin might drop back to 40k SMC Hi traders, Here's my view on $BTC
Bitcoin is approaching an unmitigated OB and last imbalance, this imbalance is common on 30m & 1h, (44560) and on 15 m chart, another imbalance is there which might retrace till 50% of the 1h OB ()
For entry avoid getting in at 44560 , let it grab liquidity first and short on the mitigation of the levels
SL above OB & start trailing once imbalance () is filled
DYOR, I'm new to SAMC Concepts 😎






















