5 Ways To Determine Market Direction
These are pretty simple ways to determine if price is bullish or bearish based on quick observation and price behavior. Images are Bullish examples. The inverse will apply to Bearish scenarios.
Bullish Indications
- Zoom out to see if price is sloping up
- Bullish Market Structure - Higher Lows and Higher Highs
- Bullish Imbalance is respected
- Demand zones are respected
- Bullish BOS
Bearish Indications
- Zoom out to see if price is sloping down
- Bearish Market Structure - Lower Highs and Lower Lows
- Bearish Imbalance is respected
- Supply zones are respected
- Bearish BOS
Images are Bullish examples. The inverse will apply to Bearish scenarios.