Price Location
Swing High
Peak formed by a candle with lower highs on both sides
A swing high is a peak in price action, formed by a candle or series of candles with lower highs on either side. It represents a temporary high point before a retracement or reversal. Identifying swing highs is crucial for analyzing market structure.
✓How to Recognize
- •Peak in price action
- •Candle with lower highs on both sides
- •Point before a pullback or reversal
- •Key reference for trend analysis