Price Location
Swing Low
Trough formed by a candle with higher lows on both sides
A swing low is a trough in price action, formed by a candle or series of candles with higher lows on either side. It represents a temporary low point before a rally or reversal. Identifying swing lows is crucial for analyzing market structure.
✓How to Recognize
- •Trough in price action
- •Candle with higher lows on both sides
- •Point before a rally or reversal
- •Key reference for trend analysis