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Swing High

A candle or bar whose high is higher than both the preceding and the following candle's highs — a local price peak.

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A swing high is a pivot point: a bar flanked on both sides by bars with lower highs. It marks a local peak where price momentarily ran out of buying pressure and turned down. Swing highs are the building blocks of trend structure — a sequence of rising swing highs defines an uptrend; falling swing highs mark a downtrend.

Swing highs become resistance once broken. The breach of a prior swing high is often used as the confirmation trigger for a breakout entry.

#structure#levels#price-action

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