It is easy to get confused with overflowing information about market structure in the trading world.
To simplify things we have come up with a way of analysing market structure simply by marking each high or low.
In this particular example, you can see that higher lows were being created all the way down the bearish trend, so we knew that it was a seller's market UNTIL we got our break of structure.
When the BOS became apparent, we began to shift our attention to the possibility of reversals and used our magic tool, the Fibonacci.
This technique can be used in any trend, try it for yourselves!
Please, support this post with a like and comment!
To simplify things we have come up with a way of analysing market structure simply by marking each high or low.
In this particular example, you can see that higher lows were being created all the way down the bearish trend, so we knew that it was a seller's market UNTIL we got our break of structure.
When the BOS became apparent, we began to shift our attention to the possibility of reversals and used our magic tool, the Fibonacci.
This technique can be used in any trend, try it for yourselves!
Please, support this post with a like and comment!
