Market structure

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.

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EURUSD	1.08173	GBPUSD	1.29186	AUDUSD	0.6238
USDJPY	149.851	USDCAD	1.43945	USDCHF	0.88357

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