Importance of Previous Week High/Low?
When Market is Bullish it will take support from PWL,Can see bounce
When Market is Bearish it will face resistance on PWH,Can see reverse
Example:So far Nifty is Bullish till PWL respecting,trend will change when PWL Breaks with Volume
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All of my teachings in this thread:
At this point, I will just add them randomly but when they are complete I will structuralize them
The value you will find here is 🔥
1) Market
At this point, I will just add them randomly but when they are complete I will structuralize them
The value you will find here is 🔥
1) Market
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