Smart Money Concepts is a trading strategy developed by a trader called 'ICT'.

Ranges are where the buyers and sellers fight over price action dominance. The Equilibrium tells us where the middle of the range is.

Institutions that need a huge amount of volume to match their trades, look for liquidity.

Not all Swing Highs and Swing Lows are the same, a Failure Swing refers to a Swing Point that is considered 'irrelevant', when it comes to analysing a chart's market structure.

Fair Value Gaps are the Internal Range Liquidity that can act as support or resistance areas to create the next leg of a move.

When a Fair Value Gap is invalidated, it becomes an Inversion Fair Value Gap.

Order Blocks are a continuation block.

CISDs are used as one of the methods for detecting a momentum reversal signal.

Candle Closures are potentially the most important concept when it comes to being able to determine whether the market is respecting or disrespecting a key level or PD Array.

Expansion Candles are used as signals for determining strength in bullish or bearish moves.

CRT Candles are used as one of the methods for detecting a momentum reversal signal.

Engulfing Candles are used as one of the methods for detecting a momentum reversal signal.