Higher High
Also called: hh
A swing high that's higher than the previous swing high — one of the two confirmations of an uptrend.
USD/JPY made consistent higher highs from 140 to 161 across 18 months between 2023 and 2024 — every monthly high was higher than the last until the BoJ intervention finally broke the structure.
Related terms
Higher Low
beginnerA swing low that's higher than the previous swing low — one of the two confirmations of an uptrend.
Lower High
beginnerA swing high that's lower than the previous swing high — one of the two confirmations of a downtrend.
Lower Low
beginnerA swing low that's lower than the previous swing low — one of the two confirmations of a downtrend.
Market Structure
intermediateThe framework of swing highs and lows that defines whether a market is trending up, trending down, or consolidating.
Candlestick
beginnerA single price bar that shows open, high, low, and close for a given time period — the foundation of technical analysis.
Doji
intermediateA candlestick where the open and close are almost equal — indecision between buyers and sellers.