๐Ÿ“š Day 2: Understanding Market Structure
Today is Day 2 of my crypto trading learning journey. ๐Ÿš€
One of the most important concepts Iโ€™m learning is Market Structure.
A bullish market can form:
๐Ÿ“ˆ Higher High (HH) โ€” price makes a new high above the previous high.
๐Ÿ“ˆ Higher Low (HL) โ€” price makes a low above the previous low.
A bearish market can form:
๐Ÿ“‰ Lower High (LH) โ€” price makes a high below the previous high.
๐Ÿ“‰ Lower Low (LL) โ€” price makes a new low below the previous low.
Understanding HH, HL, LH, and LL can help traders read the direction and structure of price action.
Iโ€™m still learning and practicing every day. Iโ€™m sharing my journey to learn, improve, and become a more disciplined trader.
Learn โ†’ Practice โ†’ Review โ†’ Improve ๐Ÿ“ˆ
What trading concept are you learning today?
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