Glossary Term

Higher-low

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Higher-high, In technical analysis, an upward trending asset typically sets higher-lows and higher-highs. The way this works is that the price rises, setting a new high (higher-high), then drops as traders take profits, but this drop doesn’t cause the price to fall lower than the previous low (higher-low). Once this new higher-low is set, the buying continues, sending the price back up and setting a new higher-high. This typically looks like a zig-zag pattern that moves diagonally upwards.

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What is meant by Higher-Low? A Traders Expert explanation

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