Price Location
Higher Low (HL)
Price retraces but holds above the previous swing low
A higher low forms when price retraces during a pullback but remains above the previous swing low point. It indicates buyers are stepping in at higher prices, supporting the uptrend. This is a key feature of a healthy bullish trend.
✓How to Recognize
- •Pullback that stops above the previous low
- •Buyers stepping in during retracement
- •Strong underlying demand
- •Entry opportunity in uptrends