What is Market Structure?
Market Structure is the technical structure of any market that appears over time as one primary position holds the majority of the strength (buyers or sellers). Market structure is a key technical understanding to be able to identify what the market has been doing in the past and what it has the potential to do in the future.
Market Structure is the continuous series of higher highs and higher lows (bullish market structure) or the continuous series of lower highs and lower lows (bearish market structure). When market structure is non relevant and there are no higher highs or lower lows, this is a time of consolidation.
So, what is bullish market structure?
As stated above, bullish market structure is a series of higher highs and higher lows in the markets. We can identify this series by seeing 2 or more sets of higher highs and higher lows.
Of course market structure is not EXACT, which is why trading is so hard, there is no EXACT path that price will take EVERY time, but you must understand the overall concept and be able to adjust to market conditions.
Market Structure is the technical structure of any market that appears over time as one primary position holds the majority of the strength (buyers or sellers). Market structure is a key technical understanding to be able to identify what the market has been doing in the past and what it has the potential to do in the future.
Market Structure is the continuous series of higher highs and higher lows (bullish market structure) or the continuous series of lower highs and lower lows (bearish market structure). When market structure is non relevant and there are no higher highs or lower lows, this is a time of consolidation.
So, what is bullish market structure?
As stated above, bullish market structure is a series of higher highs and higher lows in the markets. We can identify this series by seeing 2 or more sets of higher highs and higher lows.
Of course market structure is not EXACT, which is why trading is so hard, there is no EXACT path that price will take EVERY time, but you must understand the overall concept and be able to adjust to market conditions.