X @Mayne

Trading Regimes - The market can be in one of three states: Uptrend, Downtrend, or Range [1] - Uptrend is characterized by higher highs and higher lows [1] - Downtrend is characterized by lower lows and lower highs [1] - Range is characterized by no clear direction, with price chopping sideways [1] Trading Setup - Identifying the current trading regime is the first step in any trading setup [1]