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?
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
💰FREE Discord:
discord.gg/c8f37kyv35
Twitter:
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)