Terms:
MS = Market Structure
HL = Higher Low
HH = Higher High
LH = Lower High
LL = Lower Low
MSB = Market Structure Break
HTF = High Time Frame
LTF = Low Time Frame
1. Defining MS
--> sequence of highs & lows in a given structure
Bullish MS = HH & HL
Bearish MS = LH & LL
- Swing Low = Low with HL on both sides
- Swing High = High with LH on both sides
--> most obvious swings = best swings
--> derived from S/R
--> recency important