higher high, lower low vs lower high, higher low?

<p id="isPasted"><strong>Higher highs and higher lows</strong></p><p>On a chart, an uptrend can be seen when peaks and troughs ascend. Prices can be seen as higher highs and higher lows during this uptrend. Price levels from previous periods that were highs are even higher as the current uptrend occurs. As well as the highs, the lows from a previous period of time also increase in value. A trader can use this to tell if prices are rising and the market value is, indicating that it should be time to exit and make some profit before a downtrend occurs.</p><p><strong>Lower highs and lower lows</strong></p><p>An uptrend indicates an overall increase in value, whereas a downtrend is indicated by descending peaks and troughs. The change in prices shows lower highs and lower lows. During a downtrend, prices that were higher in value decreased in the following period, showing lower highs. As opposed to higher prices ending lower, lower prices change negatively and become even lower within the next period of time. It is possible to conclude from this that the overall value is decreasing and that it may be time to buy and implement an entry strategy just before a potential uptrend occurs, indicating an increase in value.</p>

<p>Traders use highs and lows as reference points. Especially on daily charts, they are considered key points. This is due to their close relationship with trend definition in chart analysis. An upward trend is defined by higher highs and higher lows. A downward trend is defined by lower highs and lower lows. These points are closely monitored by many traders. Markets are bullish if they surpass yesterday's high. Especially if there is an upward trend on the daily chart. Conversely, if the market price reverses below yesterday's low, the market is bearish, especially when accompanied by a downtrend in a higher timeframe. Time frames are all subject to the same principle. Highs and lows do not always follow a clear sequence. Sideway phases are also possible. Trading ranges narrow when highs are lower and lows are higher, which indicates decreasing volatility. Stocks that make lower highs and higher lows are in a technical pattern known as a symmetrical triangle. As the highs of the range drop, buyers "buy on the dip" and the symmetrical triangle forms. As sellers decrease in number, buyers take control.&nbsp;</p>

<p id="isPasted">This can be explained using an example of EUR/USD EUR/USD is currently trading at 1.0820. One can note that 1.0820 is the lowest price it has been over the past month.</p><p>The lowest price it has been over the past week was 1.0845. The lowest price it has been over the past day was 1.0819. To find the HL and LL, we take the lowest price(of the last day) and the highest price(of the past day). In this example, the lowest price is 1.0819 and the highest price is 1.0845.</p><p>So the higher low and lower low are 1.0819 and 1.0845 respectively. The higher high and lower high are 1.0845 and 1.0820 respectively.</p>

<p>"Higher high, lower low" refers to a trend in which the high prices are higher than the previous high prices and the low prices are lower than the previous low prices, indicating an overall upward trend. "Lower high, higher low" refers to a trend in which the high prices are lower than the previous high prices and the low prices are higher than the previous low prices, indicating an overall downward trend. This is usually used in technical analysis of financial markets.</p>

<p id="isPasted">This can be explained using an example of EUR/USD EUR/USD is currently trading at 1.0820. One can note that 1.0820 is the lowest price it has been over the past month.</p><p>The lowest price it has been over the past week was 1.0845. The lowest price it has been over the past day was 1.0819. To find the HL and LL, we take the lowest price(of the past day) and the highest price(of the past day). In this example, the lowest price is 1.0819 and the highest price is 1.0845.</p><p>So the higher low and lower low are 1.0819 and 1.0845 respectively. The higher high and lower high are 1.0845 and 1.0820 respectively.</p>