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✅SMART MONEY CONCEPT

Part 1: Market Structure

Market structure describes how the market moves. It includes how the market is performing, current conditions, and trends. It shows where the market is likely to move up and down.

A helpful rule to remember when trading is that the trend is your friend. To figure out what the current trend is, you can:

1. Decide how long you want to look at the market for, whether it be for a short period of time like a few hours or days, or a longer period like weeks or months.

2. Find and mark the highest (HH) and lowest (HL) points of the market

3. Notice if the market is reaching new highs (LH) and lows (LL) or if it's going down. If it's reaching new highs and lows, it's in an uptrend. If it's going down, it's in a downtrend.

2. Find and mark the highest (HH) and lowest (HL) points of the market

3. Notice if the market is reaching new highs (LH) and lows (LL) or if it's going down. If it's reaching new highs and lows, it's in an uptrend. If it's going down, it's in a downtrend.

That's for today! See you to the next lesson.

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