MARKET STRUCTURE
MASTERCLASS
click here to watch the full video training
FREE PDF GUIDE
Part 1 of 2
WWW.EVOCAP.CO
THE BASICS
BULLISH MARKET STRUCTURE
BEARISH MARKET STRUCTURE
The formation of Higher Highs and Higher Lows in succession (uptrend).
The formation of Lower Lows and Lower Highs in succession (downtrend).
A Higher Low is only confirmed once the previous High is broken (BOS)
which then leads to the creation of a new Higher High.
A Lower High is only confirmed once the previous Low is broken (BOS)
w h i c h t h e n l e a d s t o t h e c r e a t i o n o f a n e w L o w e r L o w.
Expectation
Reality
After a BOS - we expect a pullback on that timeframe 💡
WWW.EVOCAP.CO
SWING HIGHS & LOWS
BULLISH MARKET STRUCTURE
BEARISH MARKET STRUCTURE
WWW.EVOCAP.CO
SWING HIGHS & LOWS
BULLISH MARKET STRUCTURE
BEARISH MARKET STRUCTURE
WWW.EVOCAP.CO
STRONG/WEAK HIGHS & LOWS
IN A BULLISH TREND:
Tr a d e a w a y f r o m S t r o n g L o w s
Ta r g e t We a k H i g h s
IN A BEARISH TREND:
Tr a d e a w a y f r o m S t r o n g H i g h s
Ta r g e t We a k L o w s
WWW.EVOCAP.CO
TREND CHANGE
IN A BULLISH TREND:
IN A BEARISH TREND:
the expectation is that price will continue to
the expectation is that price will continue to
make higher highs and higher lows. 📈
make lower highs and lower lows. 📉
A B u l l i s h Tr e n d C h a n g e i s c o n f i r m e d o n c e
price breaks a Swing Lower High to create a
Swing Higher High (Bullish BOS).
A B e a r i s h Tr e n d C h a n g e i s c o n f i r m e d o n c e
price breaks a Swing Higher Low to create a
Swing Lower Low (Bearish BOS).
Confirm a Trend Change when the Expectational Order Flow fails ✔
WWW.EVOCAP.CO
MECHANICAL MARKET STRUCTURE ⚙
BULLISH MARKET STRUCTURE
Confirmed Swing High
(a significant pullback
that meets your pip size rule)
KEY POINTS 👇
IN A BULLISH TREND:
SWING LOW:
Lowest point that caused the Swing High
SWING HIGH:
A significant pullback that meets your pip size rule
IN A BEARISH TREND:
SWING HIGH:
Highest point that caused the Swing Low
SWING LOW:
A significant pullback that meets your pip size rule
EXAMPLE:
A minimum Swing pullback on EURUSD must be at least:
H4 —> 80 pips
M15 —> 30 pips
C R E AT E Y O U R O W N R U L E S 👇
1. D e c i d e o n w h a t p a i r / i n s t r u m e n t a n d t h e s p e c i f i c
timeframes you want to create rules for
2. T h e n j u m p o n t h e c h a r t s a n d s i m p l y d r a w o n S w i n g S t r u c t u r e
purely using your own judgment of what ‘looks’ like a
significant swing pullback
3. T h e n m e a s u r e t h e p i p s i z e o f a l l o f t h o s e p u l l b a c k s
Confirmed Swing Low
(lowest point that caused
the Swing High
4. T h e n u s e t h e m i n i m u m a v e r a g e p i p s i z e a s y o u r n e w
mechanical rule ✔
WWW.EVOCAP.CO
STRUCTURE MAPPING
Type 1
Conservative
STRUCTURE MAPPING :
CANDLE WICKS
BREAK OF STRUCTURE :
CANDLE BODIES
Swing Structure (BOS)
Internal Structure (iBOS)
WWW.EVOCAP.CO
STRUCTURE MAPPING
Type 2
Aggressive
STRUCTURE MAPPING :
CANDLE WICKS
BREAK OF STRUCTURE :
CANDLE WICKS
Fr a c t a l S t r u c t u r e ( C H o C H )
WWW.EVOCAP.CO
MARKET STRUCTURE MASTERCLASS
3 TYPES OF MARKET STRUCTURE👇
1. SWING
Swing is King and should always be our main focus taking precedence over all types of Structure (BOS)
Mapping - Candle Body Close
2. INTERNAL
Internal Structure is larger movements/swings in price contained within our Swing Range (iBOS)
This helps us navigate our way through price action when Swing Ranges become large & complex
Mapping - Candle Body Close
3 . F R A C TA L
Fr a c t a l S t r u c t u r e i s s m a l l e r m o v e m e n t s i n p r i c e c o n t a i n e d w i t h i n o u r I n t e r n a l R a n g e ( C H o C H ’s )
This helps us anticipate Internal Structure turning points
Mapping - Wick Breaks
WWW.EVOCAP.CO
T H E L AW O F S T R U C T U R E
Pr o
Tr e
nd
Sw
ing
Ru
n
SWING
C
ou
nt
er
Tr
en
d
Sw
in
g
Pu
ll
b
ac
k
Cou
Ru
ing
Sw
nd
Tr e
Pr o
ck
lba
Pu l
ng
Swi
end
r Tr
n
nte
WWW.EVOCAP.CO
T H E L AW O F S T R U C T U R E
ern
Pu
al Ru
n
rn
te
k
PT In
tern
k
ac
ac
l P
ull
b
llb
CT
er
Int
er
na
k
al R
un
ac
llb
PT
Int
ern
Pu
al
rn
te
k
Inte
rna
Run
In
ac
PT
nal
nter
PT I
CT
b
ull
l P
n
l Ru
CT
rna
Int
Inte
na
Pu
In
al
CT
rn
confirming end of Swing pullback
PT
pullback
te
n
al
In
Ru
I n t e r n a l Tr e n d s w i t c h e s B u l l i s h
switches Bearish
to facilitate Swing
PT
llb
CT
al
I n t e r n a l Tr e n d
Int
ac
ern
k
Int
al
PT
Ru
n
INTERNAL
n
l Ru
P T — > Pr o Tr e n d
C T — > C o u n t e r Tr e n d
WWW.EVOCAP.CO
T H E L AW O F S T R U C T U R E
F R A C TA L
Fr a c t a l Tr e n d s w i t c h e s B e a r i s h
confirming end of Internal pullback
Fr a c t a l Tr e n d
switches Bullish
to facilitate Internal
pullback
CH —> CHoCH
WWW.EVOCAP.CO
T H E L AW O F S T R U C T U R E
Example 1
WWW.EVOCAP.CO
T H E L AW O F S T R U C T U R E
Example 1
WWW.EVOCAP.CO
T H E L AW O F S T R U C T U R E
Example 1
WWW.EVOCAP.CO
T H E L AW O F S T R U C T U R E
Swing High
Chart Example
Swing Low
EURUSD | Daily Timeframe
WWW.EVOCAP.CO
T H E L AW O F S T R U C T U R E
Example 2
WWW.EVOCAP.CO
A P P L I C AT I O N E X E R C I S E
A p p ly t h i s t h e o r y t o t h e c h a r t s …
1
O p e n Tr a d i n g V i e w a n d d e c i d e o n t h e p a i r / i n s t r u m e n t y o u w a n t t o a n a l y s e ( e . g . E U R U S D / G B P U S D / B TC U S D ) u s i n g t h e s e a r c h w i n d o w ( t o p l e f t ) .
2
Open a new chart layout for the exercise (top right) and start with a completely blank chart with only Japanese Candlesticks showing.
3
Now decide on the timeframe you want to analyse (e.g. Daily or H4) and start the exercise from the beginning of 2022 (or before).
4
If you are analysing EURUSD you can use the pip rule guideline below for mapping your swing structure or create your own rules (see page 7).
5
O n c e y o u ’ v e i d e n t i f i e d y o u r S w i n g S t r u c t u r e ( B O S ) y o u c a n l o o k f o r t h e s m a l l e r I n t e r n a l S t r u c t u r a l b r e a k s t o c o n f i r m t h e s t a r t / e n d o f y o u r S w i n g Pu l l b a c k s ( i B O S ) .
6
O n c e y o u ’ v e i d e n t i f i e d y o u r I n t e r n a l S t r u c t u r e ( i B O S ) y o u c a n l o o k f o r t h e Fr a c t a l S t r u c t u r a l b r e a k s t o c o n f i r m t h e s t a r t / e n d o f y o u r I n t e r n a l Pu l l b a c k s ( C H o C H ’s ) .
PIP RULE GUIDELINE
A minimum Swing pullback on EURUSD must be at least:
H4 —> 80 pips
M15 —> 30 pips
WWW.EVOCAP.CO
click here to get started
WWW.EVOCAP.CO
click here to get started
WWW.EVOCAP.CO
WWW.EVOCAP.CO
READY TO LEVEL UP
YOUR TRADING?
click here to join EVO
WWW.EVOCAP.CO