Forex Market Structure
Devis Otieno
Knowledge out of Experience
The forex market is one of the largest and most active financial markets in the world, where
currencies are bought and sold every day. To trade successfully, understanding market structure
is very important because it helps traders identify trends, price movements, and possible trading
opportunities. This document will give a detailed explanation of forex market structure, covering
key concepts such as highs and lows, trends, support and resistance, and how traders use these
patterns to make informed trading decisions. By the end, you will have a clear understanding of
how the market moves and how to analyze it effectively.
Forex moves in fractals which in simple terms called market structure. We have uptrend market
structure, consolidation and downtrend market structure. All this happens once within themselves
whereby we have External structures, Internal Structures and Internal-Internal Structures.
Structures are the foundation to successful trading or say the best strategy.
, FOREX MARKET STRUCTURE 2
UPTREND MARKET STRUCTURE
Uptrend is where market fractals make higher highs and higher lows.
HH
HH
HH
HL
HL
HL
DOWNTREND MARKET STRUCTURE
Uptrend is where market fractals make Lower highs and Lower lows.
LH
LH LH
LL
LL
Devis Otieno
Knowledge out of Experience
The forex market is one of the largest and most active financial markets in the world, where
currencies are bought and sold every day. To trade successfully, understanding market structure
is very important because it helps traders identify trends, price movements, and possible trading
opportunities. This document will give a detailed explanation of forex market structure, covering
key concepts such as highs and lows, trends, support and resistance, and how traders use these
patterns to make informed trading decisions. By the end, you will have a clear understanding of
how the market moves and how to analyze it effectively.
Forex moves in fractals which in simple terms called market structure. We have uptrend market
structure, consolidation and downtrend market structure. All this happens once within themselves
whereby we have External structures, Internal Structures and Internal-Internal Structures.
Structures are the foundation to successful trading or say the best strategy.
, FOREX MARKET STRUCTURE 2
UPTREND MARKET STRUCTURE
Uptrend is where market fractals make higher highs and higher lows.
HH
HH
HH
HL
HL
HL
DOWNTREND MARKET STRUCTURE
Uptrend is where market fractals make Lower highs and Lower lows.
LH
LH LH
LL
LL
