Edit Your Comment
Market structure
Oct 31 at 09:02
会员从Jun 10, 2024开始
16帖子
To draw market structure effectively, follow these steps:
Identify the Trend: Determine if the market is in an uptrend (higher highs and higher lows), downtrend (lower highs and lower lows), or range-bound (sideways movement).
Mark Key Levels: Draw horizontal lines at significant highs and lows (support and resistance zones). These areas show where price has reversed or stalled before, helping to define the structure.
Label Swing Points: Mark each swing high and swing low. Uptrends have higher highs (HH) and higher lows (HL), while downtrends have lower highs (LH) and lower lows (LL).
Connect the Points: Draw trendlines to connect consecutive swing points in the direction of the trend. This visualizes the market flow.
Watch for Breaks: Note when price breaks previous highs or lows, which can indicate a change in structure (e.g., an uptrend shifting to a downtrend).
By mapping these points, you can outline the market structure and better understand price direction and potential reversals.
Identify the Trend: Determine if the market is in an uptrend (higher highs and higher lows), downtrend (lower highs and lower lows), or range-bound (sideways movement).
Mark Key Levels: Draw horizontal lines at significant highs and lows (support and resistance zones). These areas show where price has reversed or stalled before, helping to define the structure.
Label Swing Points: Mark each swing high and swing low. Uptrends have higher highs (HH) and higher lows (HL), while downtrends have lower highs (LH) and lower lows (LL).
Connect the Points: Draw trendlines to connect consecutive swing points in the direction of the trend. This visualizes the market flow.
Watch for Breaks: Note when price breaks previous highs or lows, which can indicate a change in structure (e.g., an uptrend shifting to a downtrend).
By mapping these points, you can outline the market structure and better understand price direction and potential reversals.
Helped 20K people around 200 countries, made forex easy.
*商业用途和垃圾邮件将不被容忍,并可能导致账户终止。
提示:发布图片/YouTube网址会自动嵌入到您的帖子中!
提示:键入@符号,自动完成参与此讨论的用户名。