So let's start with the definition .. Market structure is simply price action and we can determine whether an asset is Bullish or Bearish based off the market structure
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1# - 2 Types of Market structure
- Bullish Trend : This is demonstrated by a series of higher highs and higher lows
- Bearish Trend - This is demonstrated by a series of lower highs and lower lows
2# - Bullish Trend
So a bullish trend is a series of higher highs and higher lows. Once a higher high is printed (Which means that price has appreciated past the prior high in the trend), we then need to look for a higher low to safely enter a long
3# - Bearish Trend
A bearish trend is a series of lower highs and lower lows, which demonstrate bears in control. These advances for the lower highs tend to be on declining and lower volume .. And these are the ones we need to look for in order to short for the next lower low.
4# - Summary
You can use the market structure in your trading arsenal as a way to gauge the market bias. Are we bullish or bearish ? You can use that to help made a decision .. of course use this in conjunction with other techniques
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