The concept
Market structure maps the sequence of swing highs and lows. A 'break of structure' occurs when price moves beyond a prior swing point.
Why it matters
It gives an objective way to describe changes.
How markets interpret it
Many traders watch for a failed higher high as an early sign of weakening.
Key takeaways
- Structure = sequence of swing highs and lows.
- Define swings consistently.
Knowledge check
A break of structure is…