Advertisement
Market structure
Oct 26, 2024 at 11:14
168 Visa
3 Replies
Medlem sedan Nov 17, 2022
2 inlägg
Oct 26, 2024 at 21:24
WHAT DO YOU MEAN?
EXPLAIN MORE
EXPLAIN MORE
Bilagor:
Become ATTACHED To the PROCESS not the OUTCOME
Oct 31, 2024 at 09:02
To draw market structure effectively, follow these steps:
Identify the Trend: Determine if the market is in an uptrend (higher highs and higher lows), downtrend (lower highs and lower lows), or range-bound (sideways movement).
Mark Key Levels: Draw horizontal lines at significant highs and lows (support and resistance zones). These areas show where price has reversed or stalled before, helping to define the structure.
Label Swing Points: Mark each swing high and swing low. Uptrends have higher highs (HH) and higher lows (HL), while downtrends have lower highs (LH) and lower lows (LL).
Connect the Points: Draw trendlines to connect consecutive swing points in the direction of the trend. This visualizes the market flow.
Watch for Breaks: Note when price breaks previous highs or lows, which can indicate a change in structure (e.g., an uptrend shifting to a downtrend).
By mapping these points, you can outline the market structure and better understand price direction and potential reversals.
Identify the Trend: Determine if the market is in an uptrend (higher highs and higher lows), downtrend (lower highs and lower lows), or range-bound (sideways movement).
Mark Key Levels: Draw horizontal lines at significant highs and lows (support and resistance zones). These areas show where price has reversed or stalled before, helping to define the structure.
Label Swing Points: Mark each swing high and swing low. Uptrends have higher highs (HH) and higher lows (HL), while downtrends have lower highs (LH) and lower lows (LL).
Connect the Points: Draw trendlines to connect consecutive swing points in the direction of the trend. This visualizes the market flow.
Watch for Breaks: Note when price breaks previous highs or lows, which can indicate a change in structure (e.g., an uptrend shifting to a downtrend).
By mapping these points, you can outline the market structure and better understand price direction and potential reversals.
Helped 20K people around 200 countries, made forex easy.
Medlem sedan Apr 16, 2023
28 inlägg
Mar 17 at 19:24
Hi
check out this video on youtube
*Kommersiell användning och skräppost tolereras inte och kan leda till att kontot avslutas.
Tips: Om du lägger upp en bild/youtube-adress bäddas den automatiskt in i ditt inlägg!
Tips: Skriv @-tecknet för att automatiskt komplettera ett användarnamn som deltar i den här diskussionen.
