How to identify trend and market structure?
Timeframe
To identify market direction, its better to use timeframe H1 and above. There are many way or how trader identify market direction. Most commonly, trader use market structure combination of High Low, or zigzag. Another method, use price/candlestick momentum. It will identify movement either going up or down regardless of trend.
Market Structure
Uptrend
An uptrend market structure is where price is making Higher High (HH) and Higher Low (HL).
It means buyer in control while pushing the price more higher over the time.
Downtrend
While for downtrend is market structure making Lower Low (LL) and Lower High (HL).
This signal selling pressure and price is dropping over the time.
