๐Ÿ“ˆ Break of Structure (BOS) vs Change of Character (CHOCH)

Follow @SwingEver for more insights and daily education.

Two terms โ€” one goal: understanding when the market changes direction.

They look similar, but hereโ€™s the key difference ๐Ÿ‘‡

๐Ÿ“Š BOS (Break of Structure):

Confirms that the existing trend is continuing.

โ†’ Example: Price breaks a previous Higher High in an uptrend = bullish continuation.

๐Ÿ” CHOCH (Change of Character):

Signals that the trend might be reversing.

โ†’ Example: Price breaks a previous Higher Low in an uptrend = bearish shift.

๐Ÿง  Smart traders use both โ€” BOS to stay with trend, CHOCH to catch reversals.

#SmartMoneyConcepts #Marketstructure #BOS #CHOCH #SwingEver #TechnicalAnalysis

SwingEver | Know the difference between continuation and change.