📘 Trading Lesson 64: BOS vs ChoCh – Spotting the Shift Before the Crowd 🔄📉📈
Retail enters late…
Smart Money spots the shift in structure before it’s obvious — and two terms define this perfectly:
BOS and ChoCh.
🔍 Break of Structure (BOS):
👉 When price breaks a recent high or low to continue the trend
🟢 Example: Price makes HH → HL → breaks to new HH = bullish BOS
✅ It confirms trend continuation
🔍 Change of Character (ChoCh):
👉 When price breaks the opposite side of current structure
🔴 Example: Price is bullish → then breaks last HL = ChoCh
✅ It signals a trend reversal is likely starting
🧠 BOS = Ride the wave
ChoCh = Get ready for the flip
💬 “Smart traders spot the ChoCh, but only act when BOS confirms the new path.”
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