Each candle on any TF or any market forms this way. It doesn't matter whether this is a Monthly candle or a 1-minute candle
Each candle will have its own OHLC data.
Each candle starts with "O", then shapes "H" and "L" and ends with "C"
Market Structure (MS)
— J A C K I S (@jackis_trader) July 6, 2020
Understanding MS is the most important thing in TA
It rules above everything. TL's, MA's, Indicators. Everything.
While it's nothing more than looking at swings and seeing Higher Highs (HH), Highers Lows (HL), Lower Highs (LH), and Lower Lows (LL). pic.twitter.com/QbgOSHGkBr