Gold Spot / U.S. DollarEducation
Break of Structure vs a Deep retracement
A real Break of Structure vs a deep retracement.
In theory the structure of the market is as followed.
- In a Bullish market
- Low, High, Higher Low, Higher High and so forth!
- Sometimes the market can make Lower Highs if it's consolidating; but as long as it maintains the Lower Low so it don't turn Bearish.
- In a Bearish Market
- High, Low , Lower High, Lower Low and so forth.
- Sometime the market can make higher low if it's consolidating ;but as long as it maintains the Lower high so it don't turn Bullish.
This can be apply to all timeframe. It's harder to spot these in consolidation market. But in a trending market, that is the most efficient way to trade.
Like or Comment on anything else you'd like to see me touch on.
In theory the structure of the market is as followed.
- In a Bullish market
- Low, High, Higher Low, Higher High and so forth!
- Sometimes the market can make Lower Highs if it's consolidating; but as long as it maintains the Lower Low so it don't turn Bearish.
- In a Bearish Market
- High, Low , Lower High, Lower Low and so forth.
- Sometime the market can make higher low if it's consolidating ;but as long as it maintains the Lower high so it don't turn Bullish.
This can be apply to all timeframe. It's harder to spot these in consolidation market. But in a trending market, that is the most efficient way to trade.
Like or Comment on anything else you'd like to see me touch on.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.