Attached is the price action I was describing … classic short term change of trend pattern, repeats over and over (as you know). Better confirmation with a rounded bottom or a double bottom etc, but not essential.
What is the difference for example between HL end LH ?
Higher Low and Lower High
An uptrend, which is a series of higher swing highs and higher lows, reverses into a downtrend by changing to a series of lower highs and lower lows. A downtrend, which is a series of lower highs and lower lows, reverses into an uptrend by changing to a series of higher highs and higher lows.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.