All language subtitles for 1 -What Makes A Bullish Market
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1
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Hi and welcome back. In this video we're
going to talk about bullish structure
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or buying. So the market is buying, the
market is going up and basically...
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As we've discussed previously, there are
a few things you need to be looking at.
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And as we move through the course, we're
going to be looking at things like
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establishing the bias on multi
timeframes and, you know, looking at
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major and minor structure.
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But if you come to a timeframe and on
that particular timeframe, what you can
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see is higher highs and higher lows,
then you are looking at a bullish trend.
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So if we have a look at the CHFJPY daily
chart, what you can see here.
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and I'll try and map some of these up
for you with a highlighter, is you have
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low here, and the next low is higher
than that low, and the next low is
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than that low, and the next low is
higher than that low, and the next low
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higher than that low. So you can see
that this is very much a trend that is
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moving up. And as well as the higher
lows, you're also looking for higher
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You can see price moves up and creates
this high.
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it pulls back creates a new low it comes
back up creates a new high that is
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higher than the previous high it comes
back it creates a new low which again is
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higher it creates a new high which is
higher than the previous low pulls back
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which is higher and then as we move up
you can see that this pattern continues
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so all of the way we are creating new
highs and new lows that are higher than
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the previous ones and that is the most
simple way to spot a trend now obviously
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if you're looking at a trend like this
on say a five minute time frame that
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could be a pullback of a hour or a four
hour downward move so essentially what
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you have to do is to make sure that you
are looking at all of the time frames
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and we'll cover this in more depth but
it's important to make sure you do get a
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bigger picture so i hope that that's
been helpful and i'll see you in another
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video
2834
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