BoS vs CHoCH Trading #shorts #forex

What is difference between Break of Structure and Change of Character?
BoS happens whenever the price breaks a previous high or low in the direction of the current trend.
Ex: in Uptrend, making higher highs, price makes a new high going higher than previous one.
CHoCH happens when price breaks a previous high or low going against the trend.
Ex: In Downtrend, making lower highs, price breaks above previous lower high, creating a new first higher high and continues higher switching to an uptrend.

#bos #choch #priceaction #marketstructure #breakofstructure #tradingtips #changeofcharacter
#forex
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