Learn Market Structure The Series: Internal Structure in Market Structure

in Steem Alliance9 months ago

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Hello Steemians! Now we have arrived at the 7th material in the series of market structure. If you missed the previous material, you can read the break of market structure.

In this topic, we will discuss internal structure, or what is commonly called a trend within a trend.

In this discussion, you must really understand the topic of trends in the market.

What is Internal Structure?

Internal structure, by definition, is the structure that is formed within the structure as a whole.

The internal structure will be easy to see when using multiple smaller timeframes.

Usually I use the 15-minute and 5-minute timeframes to identify the internal structure.

Can you see the internal structure in this picture on the 4-hour chart ?

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Screenshot from My TradingView Account

Of course you see that the overall trend is bullish, right?

However, if we lower the time frame, it will be seen that the internal structure is experiencing a bearish trend or a downtrend.

1000141691.jpg

Screenshot from My TradingView Account

By identifying multiple time frames, especially on smaller time frames, we can know and see that there is an internal structure that is different from the larger trend.

Is knowing the internal structure useful for traders?

Of course, this will be very useful for traders, both those who do derivative trading and spot trading.

Moreover, the internal structure will greatly provide trading opportunities by trading derivatives.

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Screenshot from My TradingView Account

I take advantage of the internal structure as a short-term trading opportunity. Even though it looks like I'm going against the trend over a longer time frame. However, the current trend in the internal structure is a downtrend.

The internal structure is also an early sign that the market trend is undergoing a correction.

Apart from being the beginning of a trend change, the internal structure is also considered an early sign of a trend reversal in the market.

So by knowing the existence of an internal structure, there will be more opportunities that can be obtained, especially in derivative trading.

Conclusion

The internal market structure is part of the corrective trend that occurs in the market structure.

By being able to take advantage of the foresight to see the market structure as a whole, such as the internal market structure, it will provide trading opportunities, both spot and derivatives.

Hopefully the topic of the market structure series this time can add new knowledge to us.

If you have questions regarding the topic of internal structure, you can comment below.

See you in the next series market structure.

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If you are interested in the world of cryptocurrency, blockchain and trading, you can follow my account.

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Kebetulan kalau ini udah lumayan paham. Intinya kalau mau trade di tf kecil baik itu 5 sampe 15 menit, sebelumnya dilihat dulu trend tf yang lebih besar agar kita tahu arah trennya.

Lalu untuk trade di tf 5 atau 15, kita kasih batasan SnR nya tf besar, selain pake SnR nya sendiri.

Keduanya bisa kelihatan beda trend. Memang begitu.

Nahhh benar. Akhirnya ada yang memahami materi tulisan saya.

Seneng saya nulis next materi 🤗

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 9 months ago 

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  • Review:
    You have properly explained the internal structure of the market.

In my own case, I can say it can be found when doing a top-down analysis, I hope I'm right? 😃



Now Engage, Connect, and Inspire Each Other to Reach New heights.

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