Break of structure (BOS)
When price breaks a prior swing high or low, signalling a trend continuation or a possible change in direction.
Related terms
Market structure
The pattern of swing highs and lows: higher highs and higher lows…
Average daily range (ADR)
The average distance in pips between each day’s high and low over…
Average Directional Index (ADX)
An indicator of trend strength, not direction. Readings above…
Average True Range (ATR)
A volatility indicator that averages the true range, which…
Bollinger Bands
Bands set two standard deviations above and below a moving…
Breakout
A move through support, resistance or a range boundary, often with…