BTC trading in HL and LL as of now and if no HH are created then either going more down or will keep ranging in this channel.
As a reminder, the following are the rules when it comes to external swing structure:
Bullish External Structure = higher lows leading to higher highs
Bearish External Structure = lower highs leading to lower lows
Internal Structure = no new highs or new lows, not relevant for determining structural bias
As a reminder, the following are the rules when it comes to external swing structure:
Bullish External Structure = higher lows leading to higher highs
Bearish External Structure = lower highs leading to lower lows
Internal Structure = no new highs or new lows, not relevant for determining structural bias
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.