TradingView
AlkalineFX
Oct 24, 2021 6:13 AM

Market Structure Simplified  Education

Australian Dollar/Japanese YenFXCM

Description

It is easy to get confused with overflowing information about market structure in the trading world.

To simplify things we have come up with a way of analysing market structure simply by marking each high or low.

In this particular example, you can see that higher lows were being created all the way down the bearish trend, so we knew that it was a seller's market UNTIL we got our break of structure.

When the BOS became apparent, we began to shift our attention to the possibility of reversals and used our magic tool, the Fibonacci.

This technique can be used in any trend, try it for yourselves!

Please, support this post with a like and comment!
Comments
TradingView
Great, concise description of market structure!
AlkalineFX
@TradingView, Very grateful for this comment!
WicktatorFX
This is sick! Thanks Alkaline
AlkalineFX
@WicktatorFX, Come on!!! Love bro x
Parabolica
The concept with the terms is from ICT. You have done your homework alkaline, but you ought to mention ICT. Thank you. Give credit when credit is due
AlkalineFX
@Parabolica, Good old ICT, the man trademarking everyday market moves.
Parabolica
@AlkalineFX, weak performance, sorry, you don't deserve respect.
AlkalineFX
@Parabolica, Apologies I will make sure to mention the 'creator' of each market pattern when I trade.

Who made the head and shoulders pattern for context?, wouldn't want to offend you on my next post.
vasallius_trades
is this ICT OTE?
AlkalineFX
@vasallius_trades, Apparently yes.
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