This is a **hand-drawn study sheet** summarizing the **5 most important concepts** from **Smart Money Concepts (SMC)** — a popular price-action trading framework used in forex, stocks, crypto, etc.

SMC focuses on how "smart money" (large institutions, banks, hedge funds) moves the market by manipulating liquidity, creating inefficiencies, and building structure. It shifts away from traditional indicators toward reading market structure, order flow, and institutional footprints.

### Here's what each labeled part means (matching the drawing):

1. **FVG (Fair Value Gap) — "The Gap!"**

A price imbalance/imEfficiency created when the market moves aggressively (strong candle or series of candles) without much overlap. Price often returns to "fill" or react at these gaps later. Marked as a shaded rectangle on the left chart.

2. **Liquidity Sweep**

Price temporarily breaks beyond a key level (like equal highs/lows or stop-loss clusters) to "sweep" (grab) liquidity from retail traders' stops, then quickly reverses. Shown with a vacuum cleaner icon sucking up liquidity above a horizontal line.

3. **Higher High / Higher Low Trend**

Classic uptrend structure: price makes **Higher Highs (HH)** and **Higher Lows (HL)**. The drawing shows stairs climbing with this pattern, indicating bullish trend continuation.

4. **BoS (Break of Structure)**

When price breaks a previous swing high or low in the direction of the current trend, confirming continuation. Marked on the bottom-left chart with a horizontal line being broken upward, circled for emphasis.

5. **Break of Structure** (labeled again with a door icon)

Reinforces the idea of a decisive break that shifts or confirms market momentum.

6. **OB (Order Block)** — "Order Block"

A key zone (often the last opposing candle before a strong move) where institutions likely placed large orders. Acts as strong support/resistance. Price frequently reacts or reverses from these areas. Shown as a shaded box at the bottom-right with a safe icon (representing "stacked" institutional orders).

### Extra