Retail Trendlines & Support/Resistance (SNR) vs. Smart Money Concepts (SMC): What’s the Real Difference?
Classical technical analysis teaches traders to buy at support levels and sell at resistance or buy off trendlines. Smart Money Concepts (SMC) views these exact patterns as liquidity pools built by retail orders. Where retail sees a double bottom or a respected trendline, institutional traders often see clear stop-loss liquidity to sweep. Understanding both perspectives gives you a massive edge in reading raw price action! Which approach do you lean toward?