what is hh compound - COMP Technical Analysis Mar 22
COMP is maintaining its upward trend structure with the HH/HL formation, but a break below $18.72 support could signal a trend change (CHoCH). The question of whether the market structure continues or reverses depends on critical BOS levels.
Market Structure Overview
COMP’s current market structure features a classic HH/HL (Higher Highs / Higher Lows) formation that preserves its upward trend character. While price is consolidating at $19.01, staying above EMA20 ($18.56) gives a sho