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SMC EXPLAINED: Break of Structure (BOS) to the Downside

South Africa Top 40 Index (JSE:J200)  
Timonrosso  
JSE:J200   South Africa Top 40 Index
Trend Analysis Chart Patterns Fundamental Analysis smartmoney smartmoneyconcept breakofstructure tradingtutorial tradinglessons
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trendanalysis chartpattern fundamental smartmoney smartmoneyconcept breakofstructure tradingtutorial tradinglessons
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?


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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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