Market structure

Oct 26, 2024 at 11:14
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3 Replies
Участник с Sep 26, 2023   1 комментариев
Oct 26, 2024 at 11:14
How to draw market structure
Участник с Nov 17, 2022   2 комментариев
Oct 26, 2024 at 21:24
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Участник с Jun 10, 2024   17 комментариев
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.
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Участник с Apr 16, 2023   28 комментариев
Mar 17 at 19:24

Hi


check out this video on youtube


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