Smart Money Concepts or Inner Circle Trade methodologies.

Key Zones and Annotations
FVG (Fair Value Gap) – Marked in green:

Represents an imbalance in price (gap between candles).

Price often returns here to “fill” or mitigate that inefficiency.

BSL (Buy-Side Liquidity) – Marked in blue near the $3,340 area:

Indicates an area above recent highs where stop-losses (liquidity) might be resting.

This area is often targeted before reversals.

SSL (Sell-Side Liquidity) – Marked in red near the $3,270 area:

Represents liquidity below recent lows.

This is a potential bearish target.

Structure Labels
LL (Lower Low), LH (Lower High), HH (Higher High), HL (Higher Low):

Used to track market structure direction (bearish/bullish trend).

ChoCH (Change of Character):

Indicates a shift in market structure, typically a sign of a trend reversal.

Price Projection
The projected path shows a short-term move upward toward the BSL region (~$3,340), suggesting liquidity grab or premium pricing area.

Then, a bearish reversal is projected targeting the SSL zone (~$3,270), suggesting a potential drop after the BSL is taken.

Conclusion


The chart suggests a short-term bullish move to clear buy-side liquidity followed by a bearish continuation targeting lower liquidity zones. This type of analysis is commonly used in Smart Money Concepts (SMC) or ICT (Inner Circle Trader) methodologies.