๐ 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 hereโs the key difference ๐
๐ BOS (Break of Structure):
Confirms that the existing trend is continuing.
โ Example: Price breaks a previous Higher High in an uptrend = bullish continuation.
๐ CHOCH (Change of Character):
Signals that the trend might be reversing.
โ Example: Price breaks a previous Higher Low in an uptrend = bearish shift.
๐ง 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.