Trend structure
Higher highs, higher lows, lower highs, lower lows, and range-bound markets.
Trend structure
| Concept | Explanation | |---|---| | Uptrend | A sequence of higher highs and higher lows. | | Downtrend | A sequence of lower highs and lower lows. | | Range | Price fluctuates between support and resistance without sustained direction. | | Trend continuation | Evidence that the prevailing trend may resume after a pause. | | Trend reversal | A sustained change from upward to downward structure, or vice versa. |
Trend is always defined relative to a timeframe. A pullback can be a short-term downtrend inside a longer-term uptrend.