1/ What is Market Structure & how it works?

This $AUDJPY chart explains it perfectly 👇

Boss, Chok, OBD - Let's break down:

2/ BOSS = Break Of Structure
Price breaks previous High/Low and continues trend.
In chart, you see multiple Boss = strong UPTREND.

3/ CHOK = Change Of Character
First sign that trend is changing.
Price fails to make new High/Low. In chart, after top, Chok appears = Bearish shift.

4/ O.B.D = Order Block Demand
Last bearish candle before bullish move. Big buyers sit here.
Price came to OBD 110.164, swept liquidity, and now pumping.

Structure > Indicators.

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