How can a Forex chart be misleading to a Forex trader?

If you have kind of a hard time determining whether the market is in an uptrend or a downtrend or you’re only good at looking at buys or you’re only good at looking at sells, all you have to do is just flip the chart around so it’s very clear here that this market is in a downtrend because remember again we flipped it over, and we’ll mark this point as our low point and after we mark it as our low point.

How can a Forex chart be misleading to a Forex trader?

We could simply follow the market and see that it was creating lower lows and lower highs. Now this trend consists of lower lows and lower highs if you are bearish and it consists of higher highs and higher lows if you are bullish, it is impossible to have a bull market without a higher low. A higher high and it is impossible to have a bear market below lower lows and higher highs.

Let me explain this, and this here is a perfect example of a bull market, a bull market is made up of higher highs and higher lows and it is impossible to have a bull market without higher highs and higher lows, it is impossible to have a higher high without a higher low, and it is impossible to have a higher high Only if you have a higher low, so make sure you pause the article and write that so this here is bullish because we’re above the higher low and within the higher high if this market does something like this and gets a bounce and goes to the upside well now.

The ideal choice for the upward profit-making Forex market

The new higher high is within this market, so the higher the high is moved and then the highest low point is moved to the next highest low point which is this point here now, and this is a perfect example of a bull market at the moment this market decides to make some kind of bounce here, This point is now considered a new higher low and higher high only because we broke above the previous structure point if we did not break above the previous structure point.

We simply don’t enter this as a bull market, so this here is a higher high and then the higher low will move to the next higher low now, this example here is not a higher low, why would you count this as a higher low because it has a nice pullback, it doesn’t necessarily have to count This is recognized as a higher low once the market has created a higher high again.

How does the Forex market create a trader’s highest peak in a transaction?

Remember, it’s impossible to have a higher high without a higher high, so if this market here doesn’t create a higher high, how can you mark this as a higher low, you’re pretty much skipping a step because this market can now do something. Like this, he can completely turn to the negative side because he has not shown you his full potential yet.

This market will remain bullish as long as we are above the higher low and within the higher high which means. The market can do whatever it wants, it can do all of this here anything it wants the moment it breaks above, we’ve now created a new higher high and the moment it breaks below.

How to Trade When the Forex Market Breaks Your Trade?

We now have a break in the structure and now this market is bearish so this market can do what it wants between a higher high and a higher low and we are still bullish the moment we break through this level it now turns into a higher high and then this now turns into a higher low which will be this point here right now.

The moment we break below this point, this market has completely turned bearish because we have broken below the higher low, so the moment we close the body below this higher low, we are now bearish while we are bearish.

You can’t have a bear market without a lower low and a lower high they have a lower low and a lower high so what makes this point here well that makes this new low a lower low and that makes the last structure set a lower high now this market is bearish now has It looks generally bullish because a novice trader will get into the market and then they will see something like this and it will be like this market is heading higher.

The importance of ascertaining the type of structure of the Forex market

This is where they’re going they’re completely wrong, they’re not paying attention to the market structure which is clearly showing you that this market is bearish now, so this market will now have some kind of correction and then do something like this now this is a new lower low and again, it’s impossible To have a lower low without a lower high this lower high is going to move to this point here so again the same thing applies to the SI as if the market was trending up this market could do anything it wants here to trend from the top down,

This means nothing the moment we close the body above this market we are now bullish and the moment we close the body below this market we will continue to turn bearish so if this market closes below this point this is now the new lower low then this It is now the new lower high, so this market could simply do something like this and go like this right now.

Summary

Remember, this market is no longer bearish because we broke above the lower high, making this the new higher high. Then we make this point here the new higher low. It is impossible to have a bull market without a higher low, and it is impossible to have a bear market without a lower high.