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Market Structure Basics: Highs, Lows, and Everything In Between
๐ ๐ ธ๐ ณ๐ ด๐ พ ๐๐๐ ผ๐ ผ๐ ฐ๐๐ / ๐ บ๐ ด๐ ๐ ฟ๐ พ๐ ธ๐ ฝ๐๐:
โ Market structure refers to the levels of high and low created by price moves.
โ High and low can be described using different terms, such as swing high, swing low, resistance, and support.
โ High and low can also be described as higher-high, lower-high, lower-low, and higher-low.
โ Candlesticks are used to represent bullish or bearish moves, and traders often use different colors to differentiate between them.
โ Understanding market structure and its different terms can help traders identify trend direction and potential trade areas.
โ Technical analysis, chart patterns, price action, market psychology, and trading strategies are all important elements to consider when analyzing market structure.
โ ๏ธ DISCLAIMER โ ๏ธ
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Any data and information provided โas isโ solely for informational purposes and are not intended for trading purposes or advice. StarseedFX does not take any responsibility or liability for any financial investment initiated or carried out based upon or using information from StarseedFX.
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