Market Intelligence › Basic Terminologies
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.
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:
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.