New Study Video | Topic: Swing Points.- jayforexhouse

New Study Video | Topic: Swing Points.

JayForexHous Academy

jayforexhouse

📚Swing points in market structure refer to significant price levels where a trend changes direction. These points are often identified by peaks and troughs of candles on a price chart.

A "swing high" occurs at the top of an uptrend, indicating a potential reversal to a downtrend

While a "swing low" occurs at the bottom of a downtrend, signaling a potential reversal to an uptrend.

• When a swing point fails to break the opposite swing point which created it, that is considered a weak "High/Low"

• But When it breaks the swing point that created it, causing a "break of structure" it's called a "Strong High/Low

Traders often use swing points to analyze trends, identify potential entry or exit points, and assess the overall market direction.

Which is why you see my entries on my highlights mostly coming from swing points. .

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Last updated: 01/12/2024 15:59

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