Lesson learnt on Break Of Structure
This article on break of structure is a breakdown of lesson learnt from the blog section of the Traddoo Academy website.
A Break of Structure (BoS) is a significant shift in trading patterns that signals a change in market sentiment.
It is a key concept in ICT and Smart Money Concepts trading methodologies, providing a signal for changing market directions and presenting trading opportunities.
BoS helps anticipate market turns, with a broken structure reducing confidence in the existing trend and making a change in direction more likely.
Recognizing bullish and bearish BoS helps traders adapt strategies for new market conditions and navigate the market effectively.
While BoS is not a complete reversal, it serves as a crucial event in the life of a trend, indicating the need to look for counter-trend opportunities.
Understanding and applying BoS enhances trading performance, providing valuable insights into market sentiment and improving the accuracy of trading strategies.
BoS is fundamental for ICT and SMC traders, aiding in gaining a clearer view of market bias and identifying higher probability trade opportunities.
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