📊 How to Spot Fake Demand Zones! CHoCH & BOS Strategy Explained! 🔍 #TradingTips #Forex

1. Change of Character (CHOCH): The trading price broke the previous high, signaling a potential shift in market structure from a bearish to a bullish trend.

2. Break of Structure (BOS) and Fake Demand Zone: After the CHOCH, the price created a Break of Structure (BOS) with a demand zone just below it. However, this demand zone was a “fake” or induced zone meant to lure in buyers prematurely.

3. Tap into Extreme Demand Zone: Instead of holding at the fake demand zone, the price moved lower, tapping into an extreme or true demand zone. This level was stronger and provided the necessary support, pushing the price upward in alignment with the bullish trend.