CHOCH isn't just a trending name – mispronouncing it can get your account banned. Understanding Change of Character correctly is crucial for distinguishing between genuine reversals and false breakouts that market makers use to hunt for stop losses. When the price breaks out of a structure, don't immediately assume the trend has reversed. Look at: the location where the breakout occurs (key level, open interest, liquidation zone), the accompanying Volume , and the price reaction after the breakout. Filtering out "genuine" CHoCH = entering the reversal phase at the right time, avoiding being swept away and then watching the price move in the exact direction it was just pushed out of. http:/TradeCoinUnderground.com · Telegram: http:/t.me/tradecoinundergroun...… #TradeCoinUnderground #trading #CHoCH #priceaction
This article is machine translated
Show original




From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content




