Pattern guide · Either direction
Change of character (CHoCH)
A change of character (CHoCH) is the first close against the trend's structure, breaking the swing low of an uptrend or the swing high of a downtrend: an early sign of reversal.
How the change of character (choch) works
Where a BOS confirms the trend, a CHoCH is the first crack in it. It does not prove a reversal on its own; it flags that the other side has taken control of the last swing.
Traders often wait for a following BOS in the new direction before treating the reversal as established.
- Confirmation
- A candle close beyond the swing point that defined the trend.
- Target
- No fixed target: the first opposing liquidity area.
- Fails if
- A move back beyond the broken level that resumes the old trend.
Latest change of character (choch) signals
Bearish change of character
BELA closed below the external strong low at 63.71 - the external trend turns bearish.
- Close
- 59.95
- Broken
- 63.71
- +6.3%
- CHoCH
- 80.58
- +34.4%
16 Oct 2026 · 16:00 PKT Market structure
Bullish change of character
BNWM closed above the external strong high at 62.49 - the external trend turns bullish.
- Close
- 63.84
- Broken
- 62.49
- -2.1%
- CHoCH
- 59.83
- -6.3%
16 Oct 2026 · 11:30 PKT Market structure
Bearish change of character
PPP closed below the external strong low at 138.01 - the external trend turns bearish.
- Close
- 137.52
- Broken
- 138.01
- +0.4%
- CHoCH
- 198.00
- +44.0%
16 Oct 2026 · 10:00 PKT Market structure
Bullish change of character
ATBA closed above the external strong high at 169.90 - the external trend turns bullish.
- Close
- 175.82
- Broken
- 169.90
- -3.4%
- CHoCH
- 155.06
- -11.8%
16 Oct 2026 · 09:30 PKT Market structure
Bullish change of character
AATM closed above the external strong high at 45.99 - the external trend turns bullish.
- Close
- 46.95
- Broken
- 45.99
- -2.0%
- CHoCH
- 40.00
- -14.8%
16 Oct 2026 · 09:30 PKT Market structure
Bullish change of character
PKGI closed above the external strong high at 26.40 - the external trend turns bullish.
- Close
- 26.49
- Broken
- 26.40
- -0.3%
- CHoCH
- 20.31
- -23.3%
16 Oct 2026 · 09:30 PKT Market structure
Bullish change of character
ATBA closed above the external strong high at 164.99 - the external trend turns bullish.
- Close
- 169.79
- Broken
- 164.99
- -2.8%
- CHoCH
- 155.06
- -8.7%
16 Oct 2026 · 09:30 PKT Market structure
Bearish change of character
CCM closed below the external strong low at 39.01 - the external trend turns bearish.
- Close
- 38.20
- Broken
- 39.01
- +2.1%
- CHoCH
- 64.96
- +70.1%
16 Oct 2026 · 09:00 PKT Market structure
Bearish change of character
STJT closed below the external strong low at 131.03 - the external trend turns bearish.
- Close
- 129.62
- Broken
- 131.03
- +1.1%
- CHoCH
- 184.49
- +42.3%
16 Oct 2026 · 08:30 PKT Market structure
Bearish change of character
CCM closed below the external strong low at 39.01 - the external trend turns bearish.
- Close
- 38.20
- Broken
- 39.01
- +2.1%
- CHoCH
- 64.96
- +70.1%
16 Oct 2026 · 08:30 PKT Market structure
Bearish change of character
DCL closed below the external strong low at 9.01 - the external trend turns bearish.
- Close
- 9.00
- Broken
- 9.01
- +0.1%
- CHoCH
- 12.65
- +40.6%
15 Oct 2026 · 15:00 PKT Market structure
Bullish change of character
HRPL closed above the external strong high at 19.30 - the external trend turns bullish.
- Close
- 19.50
- Broken
- 19.30
- -1.0%
- CHoCH
- 18.00
- -7.7%
15 Oct 2026 · 14:30 PKT Market structure
Bearish change of character
ELSM closed below the external strong low at 186.05 - the external trend turns bearish.
- Close
- 182.65
- Broken
- 186.05
- +1.9%
- CHoCH
- 215.00
- +17.7%
15 Oct 2026 · 11:30 PKT Market structure
Bullish change of character
GGGL closed above the external strong high at 8.07 - the external trend turns bullish.
- Close
- 8.09
- Broken
- 8.07
- -0.2%
- CHoCH
- 7.32
- -9.5%
15 Oct 2026 · 10:30 PKT Market structure
Bullish change of character
GRYL closed above the external strong high at 25.26 - the external trend turns bullish.
- Close
- 27.62
- Broken
- 25.26
- -8.5%
- CHoCH
- 18.00
- -34.8%
15 Oct 2026 · 09:30 PKT Market structure
Bullish change of character
BML closed above the external strong high at 60.00 - the external trend turns bullish.
- Close
- 62.51
- Broken
- 60.00
- -4.0%
- CHoCH
- 42.71
- -31.7%
15 Oct 2026 · 09:30 PKT Market structure
Bearish change of character
NCL closed below the external strong low at 34.90 - the external trend turns bearish.
- Close
- 34.85
- Broken
- 34.90
- +0.1%
- CHoCH
- 40.99
- +17.6%
15 Oct 2026 · 09:30 PKT Market structure
Bearish change of character
DCL closed below the external strong low at 9.01 - the external trend turns bearish.
- Close
- 9.00
- Broken
- 9.01
- +0.1%
- CHoCH
- 12.65
- +40.6%
14 Oct 2026 · 15:00 PKT Market structure
Bullish change of character
BFAGRO closed above the external strong high at 28.98 - the external trend turns bullish.
- Close
- 29.59
- Broken
- 28.98
- -2.1%
- CHoCH
- 25.11
- -15.1%
14 Oct 2026 · 15:00 PKT Market structure
Bullish change of character
AGP closed above the external strong high at 159.00 - the external trend turns bullish.
- Close
- 161.00
- Broken
- 159.00
- -1.2%
- CHoCH
- 146.11
- -9.2%
14 Oct 2026 · 15:00 PKT Market structure
Bullish change of character
AGP closed above the external strong high at 159.00 - the external trend turns bullish.
- Close
- 161.00
- Broken
- 159.00
- -1.2%
- CHoCH
- 146.11
- -9.2%
14 Oct 2026 · 14:30 PKT Market structure
Bullish change of character
HMB closed above the external strong high at 96.75 - the external trend turns bullish.
- Close
- 97.00
- Broken
- 96.75
- -0.3%
- CHoCH
- 94.00
- -3.1%
14 Oct 2026 · 14:30 PKT Market structure
Bullish change of character
GRYL closed above the external strong high at 24.95 - the external trend turns bullish.
- Close
- 25.11
- Broken
- 24.95
- -0.6%
- CHoCH
- 18.00
- -28.3%
14 Oct 2026 · 13:30 PKT Market structure
Bearish change of character
APL closed below the external strong low at 522.99 - the external trend turns bearish.
- Close
- 522.60
- Broken
- 522.99
- +0.1%
- CHoCH
- 607.00
- +16.2%
14 Oct 2026 · 13:00 PKT Market structure
Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.