Wayne_gft3
New Member
Price movements are based on two types of trends, namely Bullish (uptrend), Bearish (downtrend) and Sideways. This trend analysis is a way to determine the trend of a price movement.
Before determining the trend of a price, the trader must know what is meant by the terms below.
Higher High (HH)
- Peak price point that exceeds the previous peak.
Higher Low (HL)
- Higher than the previous point
Lower High (LH)
- Peak from a price lower than the previous peak
Lower Low (LL)
- The lowest point is the lowest of all before
Before determining the trend of a price, the trader must know what is meant by the terms below.
Higher High (HH)
- Peak price point that exceeds the previous peak.
Higher Low (HL)
- Higher than the previous point
Lower High (LH)
- Peak from a price lower than the previous peak
Lower Low (LL)
- The lowest point is the lowest of all before
