Lower Low
Also called: ll
A swing low that's lower than the previous swing low — one of the two confirmations of a downtrend.
EUR/USD's late-2024 downtrend was a perfect series of lower lows: 1.1000, then 1.0840, then 1.0680, then 1.0480. Each lower low gave shorts confirmation to keep adding to the trade.
Related terms
Lower High
beginnerA swing high that's lower than the previous swing high — one of the two confirmations of a downtrend.
Higher High
beginnerA swing high that's higher than the previous swing high — one of the two confirmations of an uptrend.
Higher Low
beginnerA swing low that's higher than the previous swing low — one of the two confirmations of an uptrend.
Market Structure
intermediateThe framework of swing highs and lows that defines whether a market is trending up, trending down, or consolidating.
Head and Shoulders
intermediateA three-peak reversal pattern with a higher middle peak — signals that an uptrend is exhausted and price is about to fall.
Inverse Head and Shoulders
intermediateA bullish reversal pattern with three troughs — a deeper middle trough flanked by two higher lows — signaling a downtrend is ending.