Sleekfacez (sleekfacez)

GM CT LET'S PRAY FOR A FRUITFUL WEEK 🙌🤲

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I don't know about you all, but I am base-ically focused. Gm gm Base community.

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PS: DON'T FORGET TOO LOOK AT THE IMAGE. Today we would be looking at the various structures in the market. The market activities are represented in the form of a flowing chart made up of two candle sticks that represent the Buys strength and the Seller's strength. Understanding market structure plays a vital role in a traders decision making while trading. The MARKET STRUCTURE means the current pattern of the market (you can find another definition in the image below). There are 3 types of movement the market makes, they are the UPWARD MOVEMENT (UPTREND/BULLISH TREND), DOWNWARD MOVEMENT(DOWN TREND/BEARISH TREND) AND LASTLY THE RANGE. HOW TO IDENTIFY MKT STRUCTURES The UP TREND creates HIGHER HIGHS & HIGHER LOWs while The DOWN TREND creates LOWER HIGHS & LOWER LOWs and the RANGE creates FAIRLY EQUAL HIGHs & LOWs (I say fairly because sometimes it may create a false push to the up/down side just to clear stop losses). I HOPE THIS HELPS SOMEONE.

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I trade the smart money concept (SMC). THIS IS ALL YOU SHOULD WATCH OUT FOR WHEN USING SMC.

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