What is HH HL LH LL in trading?
The price in a given period is moving in an uptrend if its highs are always higher (HH = higher high) and its lows are always higher (HL = higher low).
Prices are in a downtrend if its highs are always lower (LH = lower high) and its lows are always lower (LL = lower low).
The price in a given period is moving in an uptrend if its highs are always higher (HH = higher high) and its lows are always higher (HL = higher low).
Prices are in a downtrend if its highs are always lower (LH = lower high) and its lows are always lower (LL = lower low).
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