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What is Market Direction about?

The document discusses market direction, emphasizing the importance of understanding market trends, which can be upward or downward. It explains how to identify trends using Higher Highs (HH), Higher Lows (HL), Lower Highs (LH), and Lower Lows (LL), along with Break of Structure (BOS). Higher timeframes, particularly the 4-hour chart, are recommended for determining overall market direction, while lower timeframes can be used for short-term trades.

Author

unikshyaula7

Language

EN