Market structure
How price builds trends and ranges — support, resistance, swings, breaks of structure and character shifts.
- ArticleSupport and ResistancePrice levels where buying (support) or selling (resistance) tends to halt a move.
- ArticleUptrendA sequence of higher highs and higher lows showing buyers in control.
- ArticleDowntrendA sequence of lower highs and lower lows showing sellers in control.
- ArticleTrading RangeA sideways market bounded by clear support and resistance.
- ArticleBreakoutA decisive move beyond a support, resistance or pattern boundary.
- ArticleBreak of Structure (BOS)Price breaks a prior swing in the trend's direction, confirming continuation.
- ArticleChange of Character (CHoCH)The first break against the trend, hinting a reversal may be starting.
- ArticleSwing High and Swing LowLocal peaks and troughs that define market structure.