BOS or Break of Structure is a vital term helping trader identify if the current trend is healthy
๐น This is price action breaking a higher high in an uptrend or lower low in a downtrend to confirm that the trend will continue extending
๐ธ BOS valid requires the candle body to close decisively above the resistance zone. If only the wick sweeps through, its a Liquidity Sweep trap, not a breakout
๐น Dont rush into a trade as soon as the price breaks above the high, as it's easy to fall for a Fakeout. Be patient and wait for the candle to close completely to confirm that the active side has prevailed
๐ธ After a BOS appears, dont enter trade wait for the price to retest important supply and demand zones to find the best position
Do you usually wait for candle close confirmation or rush to enter as soon as price moves?
This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.