Question -

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

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Thomas Ball
Answered 2 years, 3 months ago
<p id="isPasted">Higher highs and lower lows indicate an uptrend, while lower highs and higher lows indicate a downtrend.</p><p>Higher highs and lower lows</p><p>In an uptrend, the price makes higher highs and lower lows. This means that the price is consistently making new highs and lows that are higher than the previous highs and lows. This is a sign that the buyers are in control of the market and that the price is likely to continue to move higher.</p><p>Lower highs and higher lows</p><p>In a downtrend, the price makes lower highs and higher lows. This means that the price is …</p>
Marjorie Hamilton
Answered 2 weeks, 3 days ago
<p id="isPasted">In technical analysis, these terms define the structure of a market. Think of them as the "DNA" of a trend—they tell you whether the bulls or the bears are currently driving the bus.</p><p><strong>1. The Bullish Structure: Higher Highs &amp; Higher Lows</strong></p><p>This is the hallmark of an Uptrend.</p><ul><li>Higher High (HH): The current peak is higher than the previous peak. It shows buyers are aggressive enough to push prices into new territory.</li><li>Higher Low (HL): The subsequent dip stops at a level higher than the previous bottom. It shows that "dip buyers" are stepping in earlier and earlier.</li><li>Strategy: …</li></ul>