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In the ICT style, directional changes in price movement are identified using concepts like Change of Character (CHOCH), Market Structure Shift (MSS), and more.
CHOCH in ICT refers to a long-term shift in trend direction, which occurs when the last swing high or low is broken and a new structure forms in the opposite direction, thus altering the entire market trend.
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CHOCH in ICT; Best Timeframe to Identify CHOCH in Trading
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Instrucciones del autor
In the ICT style, directional changes in price movement are identified using concepts like Change of Character (CHOCH), Market Structure Shift (MSS), and more.
CHOCH in ICT refers to a long-term shift in trend direction, which occurs when the last swing high or low is broken and a new structure forms in the opposite direction, thus altering the entire market trend.
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