SMC EXPLAINED: Break of Structure (BOS) to the Downside
LESSON OF THE DAY:
When the price breaks and closes BELOW the wick of the previous LOW in a DOWNTREND we have a Break of Structure to the downside.
Think of a Break Of Structure as a simple CONTINUATION in the overall trend.
Which in this case is a downtrend.
Do you use SMC in your trading?
When the price breaks and closes BELOW the wick of the previous LOW in a DOWNTREND we have a Break of Structure to the downside.
Think of a Break Of Structure as a simple CONTINUATION in the overall trend.
Which in this case is a downtrend.
Do you use SMC in your trading?
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.