In this COMPLETE THREAD I will explain “Market Structure”
1. What is Market Structure? 2. Bullish Market Structure 3. Bearish Market Structure 4. Break of Structure (BOS) 5. Change of Trend 6. Change of Character 7. Possible SHORT setup
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1. What is Market Structure?
Understanding market structure (MS) would help you as a trader to spot bullish or bearish trends.
MS is a continuos series of HH (Higher High) and HL (Higher lows) on a Bullish MS.
And LH (Lower high) and LL (Lower Low) on a Bearish MS.
2. Bullish structure
Bullish MS is a succession of HH and HL as you can see on the 1 pic.
We can identify a bullish trend by watching 2 or more HH's on chart and HL (watch 1 chart)