Lesson 9 of 15
Market Structure
Progress9/15
Market structure is the backbone of price analysis. It tells you the *direction* of the market.
**Bullish structure** — price makes Higher Highs (HH) and Higher Lows (HL) **Bearish structure** — price makes Lower Highs (LH) and Lower Lows (LL)
A **Break of Structure (BOS)** confirms trend continuation. A **Change of Character (ChoCH)** signals a potential reversal.
Knowledge Check
7 questions
1.Bullish market structure is characterized by:
2.Bearish market structure is characterized by:
3.What does BOS stand for?
4.What does a Break of Structure (BOS) confirm?
5.What does ChoCH stand for?
6.What does a Change of Character (ChoCH) signal?
7.Market structure primarily tells a trader the: