Forex glossary

Change of Character (CHoCH) in Forex

A clear definition of Change of Character (CHoCH), with practical context for reading markets and making better trading decisions.

Level 3 · Make Sense of ChartsTechnical analysis

Definition

A body close through a meaningful swing against the existing trend. It is an early reversal warning, not an automatic trade signal.

In an uptrend, a close below a key swing low can signal a bearish CHoCH.

Understanding Change of Character (CHoCH) helps traders interpret market information, plan decisions, and manage risk with more context.

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