đŻ WHAT IS BOS ?
BOS - break of strucuture. I will use market strucutre bullish or bearish to understand if the institutions are buying or selling a financial asset.
To spot a bullish/bearish market strucutre we should see a higher highs and higher lows and viceversa, to spot the continuation of the bullish market strucuture we should see bullish price action above the last old high in the strucutre this is the BOS.
đŻ BOS for me is a confirmation that price will go higher after the retracement and we are still in a bullish move
Kindly see attached photos
Do you use BOS as a trading concept ?
BOS - break of strucuture. I will use market strucutre bullish or bearish to understand if the institutions are buying or selling a financial asset.
To spot a bullish/bearish market strucutre we should see a higher highs and higher lows and viceversa, to spot the continuation of the bullish market strucuture we should see bullish price action above the last old high in the strucutre this is the BOS.
đŻ BOS for me is a confirmation that price will go higher after the retracement and we are still in a bullish move
Kindly see attached photos
Do you use BOS as a trading concept ?