The terms "Lower High (LH)" and "Lower Low (LL)" are commonly used in technical analysis of financial markets, especially when analyzing price trends and patterns in charts. Here's a brief explanation of each term:
Lower High (LH) A Lower High is a peak on the price chart that is lower than the previous peak. This indicates that the buyers were unable to push the price higher than the last high point, suggesting a weakening upward trend or the start of a downtrend.
Lower Low (LL) A Lower Low is a trough on the price chart that is lower than the previous trough. This indicates that the sellers have been able to push the price lower than the last low point, confirming a downward trend.
Identifying Trends In a downtrend, you typically see a series of Lower Highs and Lower Lows. This pattern helps traders identify and confirm that a bearish trend is in place.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.