UNIT 2
Trend & Market Structure
Trend is persistent directional structure; a range rotates without progress.
StructureHigher lowHigher high
Whether price is making higher, lower, or overlapping swings.
- Selecting strategy families
- Placing invalidation levels
- Structure is backward-looking
- Breakouts can fail
Calling any volatile movement a trend.
Trend persistence appears in many markets, but its strength and tradability vary over time.
60-SECOND CHEAT SHEET
Remember this.
- 1Uptrend = HH + HL
- 2Range = overlapping swings
- 3A break is evidence, not proof