2.3 SMC · the narrative
Analyze the price flow sequence: session context, followed by order blocks and breakers, concluding with fair value gaps. BOS and CHoCH utilize I (timing reference: 3.4 I structure); the swing skeleton relies on P; confirmed blocks via O (on by default); sessions / silver bullet via S (off by default).
| Layer | Visual representation | Practical application |
|---|---|---|
| Session | Session range boxes + silver-bullet window (full-height verticals). Toggle with S. | Execute within the New York kill zone. Monitor closely around market opens. |
| I structure | Dashed line accompanied by a label, confirmed upon candle close. I. Red beneath the I-dot price, lime above. | Utilize as a timing tool. The paired swing serves as the stop-loss reference point. See 3.4. |
| Confirmed OB | Shaded through to the confirmation boundary line. O. | Identifies the unmitigated order block on the current side. |
| Breaker | Maintains matching coloration. The left edge marks the most recent OB in that direction. O. | A newly formed OB in the same direction plots a fresh breaker. |
| FVG | A three-candle price imbalance zone. O. | Provides context for a potential fill, not a justification for increased position size. |
SMC structures must align with Swing (and the active StructPick read) before they qualify as a positional structure. On the web chart, open SMC under Structure to view the layers.