🗓️ 60 DAY CRYPTO LEARNING PLAN 💥
🔥 DAY 44 – CHANGE OF CHARACTER (ChoCH) 🔥
In Smart Money Concepts (SMC), a Change of Character (ChoCH) signals a potential trend reversal. Recognizing ChoCH early can give you an edge in catching the next move!
⚡ What is ChoCH?
Occurs when the market breaks a previous swing high or low, indicating a shift in trend.
Marks a trend change from bullish → bearish or bearish → bullish.
🟢 Bullish ChoCH
Price is in a downtrend (lower lows & lower highs)
Breaks above previous swing high → potential uptrend starting
🔴 Bearish ChoCH
Price is in an uptrend (higher highs & higher lows)
Breaks below previous swing low → potential downtrend starting
🛠️ How to Trade ChoCH
1️⃣ Identify trend direction & recent swing points
2️⃣ Watch for break of structure signaling ChoCH
3️⃣ Confirm with order block, liquidity zone, or support/resistance
4️⃣ Enter in the direction of the new trend with proper risk management
📌 Pro Tip: More reliable on higher timeframes (1H, 4H, Daily)
