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hello Traders so in this lesson were going to cover the three major change of characters our basic change of character our internal to internal change of character and our external to external change of character so lets talk about the basic change of character as you can see price here is in a downtrend making lower lows and lower Highs but at a certain point your lower high gets broken and once price comes back inside of the range looks for internal liquidity price will change character and this is your basic change of character so lets take a look at this basic change of character so price was in a bearish trend making lower highs and lower lows lower highs and lower lows but at a certain point price would make a higher high instead of continuing the trend of lower highs price made a higher high so once price comes out of this range knowing that this swing right here and this swing right here this is your range price will come back inside of the range to look for internal liquidi