Market structure

Market structure is the sequence of price highs and lows that shows who currently controls the move — buyers or sellers. An uptrend holds higher highs and higher lows, a downtrend holds lower ones; it is this sequence, not any single candle, that defines the priority side to work from.

In the Smart Money approach, structure is read through two core concepts: a Break of Structure (BOS) confirms continuation, while a Change of Character (CHoCH) points to a possible reassessment of the trend. The classical read works while the market moves linearly; during a manipulation phase it is refined with liquidity and inducement (IDM) context so a manipulation sweep isn't mistaken for a genuine reversal.

From structure, the market organises itself into trading ranges — price zones with defined boundaries. The Trade Model indicator marks structure up automatically and alerts on a new range on the working timeframe, but it doesn't replace understanding the logic — it only speeds up applying it. To see the order in which structure is read, step through the interactive chart-reading walkthrough layer by layer.