#5 SWING POINTS ( SWING HIGH AND SWING LOW )
As you can see on the chart, each swing point consists of three bars.
Swing high - the middle bar has the highest high and on both sides there are bars with lower high.
Swing low - the middle bar has the lowest low and and on both sides there are bars with the higher low.
Take a look at the chart and see why swing points are important for traders as they show us the market structure and how price could react in the future.
As you can see on the chart, each swing point consists of three bars.
Swing high - the middle bar has the highest high and on both sides there are bars with lower high.
Swing low - the middle bar has the lowest low and and on both sides there are bars with the higher low.
Take a look at the chart and see why swing points are important for traders as they show us the market structure and how price could react in the future.