Higher Highs and Higher Lows?

vinuvt · #1 11th June 2009, 04:46 PM

Hi Guys

I know this is a very stupid question. I spinning my head to understand the tearm

Higher Low
Highre high

Lower low
lower high

thanks

Atiker · #2 11th June 2009, 06:45 PM

vasa1 · #3 13th June 2009, 08:39 PM

You can also read this for more:

Quote:

....Sperandeo makes the following definition,

* An uptrend is a sequence of rallies to successively higher highs, punctuated by pullbacks, with each pullback low ending above the previous pullback low.

and conversely for a downtrend,

* A downtrend is a sequence of declines to successively lower lows, punctuated by rallies, with each rally high ending below the previous rally high.