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DAY 9/30 â Higher High & Higher Low đ
Understanding market structure is one of the most important skills in trading.
đč What is Higher High (HH)? When price breaks above the previous swing high and creates a new high, it forms a Higher High.
đč What is Higher Low (HL)? When price pulls back but holds above the previous swing low, it forms a Higher Low.
đ Example of an Uptrend:
Higher High (HH) âŹïž Higher Low (HL) âŹïž Higher High (HH) âŹïž Higher Low (HL)
This structure shows that buyers are currently pushing price upward.
đ§ Simple Rule: HH + HL = Bullish Structure
But remember: Market structure alone is NOT a guaranteed buy signal.
Always combine structure with: â Support & Resistance â Price Action â Confirmation â Risk Management
đ Learn first. Trade later $BTC
#FedRateWatch #BTC
Understanding market structure is one of the most important skills in trading.
đč What is Higher High (HH)? When price breaks above the previous swing high and creates a new high, it forms a Higher High.
đč What is Higher Low (HL)? When price pulls back but holds above the previous swing low, it forms a Higher Low.
đ Example of an Uptrend:
Higher High (HH) âŹïž Higher Low (HL) âŹïž Higher High (HH) âŹïž Higher Low (HL)
This structure shows that buyers are currently pushing price upward.
đ§ Simple Rule: HH + HL = Bullish Structure
But remember: Market structure alone is NOT a guaranteed buy signal.
Always combine structure with: â Support & Resistance â Price Action â Confirmation â Risk Management
đ Learn first. Trade later $BTC
#FedRateWatch #BTC
