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EMA 150Swing lowSwing high120.00125.00130.001234
Illustration — not market data.EMA 150

Step by step

How to read it

  1. 1A turn from down to up: a swing low.
  2. 2A turn from up to down: a swing high.
  3. 3The move between them is one swing.
  4. 4The next swing runs the other way. Comparing their sizes shows which side is stronger.

Watch out

Common mistake

Marking every small wiggle as a swing. Use the turns that stand out on the timeframe you trade.

In one line

Definition

A move from one turning point to the next.

Check yourself

Check yourself

What is a swing?