BTC trading in HL and LL as of now and if no HH are created then either going more down or will keep ranging in this channel.
As a reminder, the following are the rules when it comes to external swing structure:
Bullish External Structure = higher lows leading to higher highs
Bearish External Structure = lower highs leading to lower lows
Internal Structure = no new highs or new lows, not relevant for determining structural bias
As a reminder, the following are the rules when it comes to external swing structure:
Bullish External Structure = higher lows leading to higher highs
Bearish External Structure = lower highs leading to lower lows
Internal Structure = no new highs or new lows, not relevant for determining structural bias
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