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Swing
High |
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The
term swing high is used to describe the highest point of a price
swing. Swing highs are formed
at the peak of an up swing before price begins a downward move
or swing. Traders can use swing highs as support or resistance
points. |
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A
series of higher swing highs and higher swing
lows indicates an up trend. Lower swing highs and lower swing
lows indicates a down trending market. To see an illustration of swing highs and lows click here. |
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