Short price swing (understanding it)

FX:AUDNZD   Australian Dollar / New Zealand Dollar
37 0 3
A price swing starts with a High the moves down to the letter b

the A-B are typically the strongest points of resistance and support

In a down trend if the C breaks the A then the trend is over.

this A-B-C-D is how the market swings continually

Please look at up trend.
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