Break of Structure Explained
2:53 · 8 chapters · Forex lessons, part 25
What you'll learn
A break of structure needs a close, not a wick. Here is how to spot a real one in under 3 minutes.
Go further with our written guide on this topic, browse all the free Learn Forex lessons, or check today's market in our forex news.
- Key point 1
- What a break of structure is, in uptrends and downtrends
- Key point 2
- Why the candle close counts and a wick does not
- Key point 3
- The difference between BOS and a change of character (CHoCH)
- Key point 4
- Internal vs external structure and multi-timeframe reading
- Key point 5
- Where a structural stop usually sits around a BOS
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