#TradingAnalysis101
📊 Understanding Market Structure for Better Trades 📊
In trading, market structure refers to the way price moves in a particular trend, forming higher highs (HH) and higher lows (HL) in an uptrend or lower highs (LH) and lower lows (LL) in a downtrend. Recognizing these structures helps traders determine key entry and exit points.
For example, if Bitcoin is in an uptrend, waiting for a retracement to a previous higher low can provide a high-probability long entry. Similarly, identifying a break of structure (BOS) signals a potential trend reversal.
Mastering market structure is essential for consistent profitability! What’s your approach to identifying trends? Share your thoughts below!