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Market Intelligence › Basic Terminologies

CHOCH (CHANGE OF CHARACTER)

The structure breaks to the upside for the first time, which is the first hint of a possible trend change.

Published by The Retail Trader · JUL 31, 2026 · Market Structure

CHoCH (Change of Character) — structure breaking to the upside for the first time, which is the first hint of a possible trend change.

WHERE THIS FITS IN

This term comes under Market Structure, in the section "SWING AND TREND STRUCTURE". Trend is defined not by feel but by structure. Here are its parts:

RELATED TERMS TO READ

Other terms in this group — understanding them together is more useful:
• Swing High
• Swing Low
• Higher High (HH) / Higher Low (HL)
• Lower High (LH) / Lower Low (LL)
• Market Structure
• BOS (Break of Structure)
• Leg
• Higher Timeframe Bias

To read the entire group and all its examples in one place, see the journal "MARKET STRUCTURE: LEVELS, ZONES and SWINGS" - this term is taken from there.

This entry is for educational purposes only and is not a recommendation to buy or sell. Exchanges change charges, margins, lot sizes and expiry rules from time to time, so verify any figures with your broker or exchange.

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