CHOCH (Change of Character)4
Bearish CHOCH
Market is making Higher Highs (HH).
Market is making Higher Lows (HL).
Price breaks below the previous Higher Low.
This indicates a possible bearish trend reversal.
Bearish CHOCH
Market is making Higher Highs (HH).
Market is making Higher Lows (HL).
Price breaks below the previous Higher Low.
This indicates a possible bearish trend reversal.
