#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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