One of you requested for me to explain this topic so here it is. It’s a pretty basic part of understanding the market structure, nothing new/complicated.
A series of higher (swing) highs followed by higher (swing) lows.
Price needs to take out the previous high (BOS) to form a higher high in order to continue the uptrend. Expect a pullback after a new HH.
Downtrend - look for shorts
A series of lower (swing) lows followed by lower (swing) highs.
Price needs to take out the previous low (BOS) to form a lower low in order to continue the downtrend. Expect a pullback after a new LL.
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