📅 DAY 8/30 — Understanding Market Structure 📊 $BTC
Before taking a trade, you need to understand one important thing:
What is the market doing?
Price generally moves in three conditions:
🔹 Uptrend — Higher Highs (HH) + Higher Lows (HL)
🔹 Downtrend — Lower Highs (LH) + Lower Lows (LL)
🔹 Range — Price moves sideways between support and resistance.
📈 Uptrend Example
HH → HL → HH → HL
When price keeps creating higher highs and higher lows, the market is showing bullish structure.
📉 Downtrend Example
LH → LL → LH → LL
When price keeps creating lower highs and lower lows, the market is showing bearish structure.
🧠 Beginner Rule
Don't focus on Buy or Sell first.
First identify:
Structure → Trend → Setup → Entry → Stop Loss → Take Profit
Understanding market structure can help you avoid entering trades against the current market direction.
⚠️ Educational content only. Trading involves risk. Always manage your risk.