Price Location
Lower High (LH)
Price retraces but fails to reach the previous swing high
A lower high forms when price retraces during a pullback but fails to reach the previous swing high point. It indicates sellers are stepping in at lower prices, preventing a full recovery and supporting the downtrend.
✓How to Recognize
- •Pullback that fails to reach the previous high
- •Sellers stepping in during retracement
- •Strong underlying supply
- •Entry opportunity in downtrends