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Tin12
Jan 22, 2020 11:11 AM

SWING POINTS  Education

U.S. Dollar/Japanese YenFXCM

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#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.
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