How to deal with higher lows and lower highs?

<p id="isPasted">Highs and lows are major reference points for traders. Especially in daily charts, they are regarded as key points. The reason for this is their close link to the trend definition in chart analysis. Higher highs + higher lows define an upward trend. Lower highs +lower lows define a downward trend. Many traders pay attention to the progress of these points. If the market price succeeds in surpassing yesterday's high, the market is bullish. This is especially true if there is an upward trend on the daily chart, as well. Vice versa, if the market price reverses below yesterday's low, the market is bearish, particularly when complemented by a downtrend in a higher time frame. That same principle applies to all time frames. However, there is not always a clear sequence of higher or lower highs and lows. There are also sideways phases. In the case of lower highs +higher lows, the trading range narrows which is a sign of decreasing volatility. A stock making lower highs and higher lows is in a technical pattern called a symmetrical triangle. The symmetrical triangle forms because there are buyers at the lower range and buyers “buying on the dip” as the highs of the range drop. Sellers are diminishing in numbers and buyers are taking control.</p>