A shift in market structure (MSS) occurs when the market changes direction with an impulsive move.
For instance, if the market is trending downward by consistently making lower lows, and it reaches a higher time frame point of demand (PDA), it may then change direction. This directional change, characterized by an impulsive movement or displacement, is referred to as a market structure shift (MS).
For instance, if the market is trending downward by consistently making lower lows, and it reaches a higher time frame point of demand (PDA), it may then change direction. This directional change, characterized by an impulsive movement or displacement, is referred to as a market structure shift (MS).
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.