There's no such thing as FAKE higher low. In that case, you end up with a triangle pattern.

But is anything 100%?Perhaps I misunderstood your post, higher lows don’t carry 100% probability, since you know this, it’s probably me![]()
But is anything 100%?
The point I'm trying to make is that we've not had any higher low up to this point. That alone tells me the market is bullish.You don’t want me to patronise you buddy, so I will let you answer your own question haha. Point is, you can be right or wrong here, same applies to my drivel.
The point I'm trying to make is that we've not had any higher low up to this point. That alone tells me the market is bullish.
I would expect some hysterical bull buying action tomorrow now that we have finally closed above the down trend line.