Levels

One core concept in SMC is that price flows to areas of liquidity. Natural liquidity areas are the current day open, high, low (CDO, CDH, CDL) or the previous day high, low, close (PDH, PDL, PDC). The same is true for the current week (CWO, CWH, CWL) and the previous week (PWH, PWL, PWC).

Pay special attention in case some of these levels are close together. Then these levels serve like a magnet for the price. The TRN Smart Money Concepts indicator is able to cluster these levels fully automatically together to give the trader the flexibility to focus solely on the trading part.