All terms
Definition
Lower Low (LL)
A lower low happens when price breaks below the previous low. This confirms a downtrend.
Quick take
Price breaks below the previous low.
Keep this in mind every time you see lower low (ll) on the chart — context is everything.
Did You Know?
A lower low after a higher low pattern is often the moment trend traders flip from long bias to short bias.
Common Beginner Mistake
Holding longs hoping for a bounce after a clean lower low instead of respecting the new structure.