The Market Structure concept is simple, yet a very powerful structuring concept. Markets have structures and traders miss most cues as they are constantly hunting some pattern, momentum, oscillator or some Zen-type signals. Market Structure formation is a price phenomenon occurring at major turns. Prices start with a wave (lets say Up) and it ends at some point and then there is a down-wave, and it ends some time and then begins another up-wave. These wave formations start with the Market Structures. Market Structure Low (MSL) and Market Structure High (MSH) formation is continuous and is repetitive at every wave begin and at every wave end. Market Structures form in all markets, in all time-frames and in all instruments. They fail and re-fail, form and re-form. Market Structure is a concept pattern.
