Swing Low
A candle or bar whose low is lower than both the preceding and the following candle's lows — a local price trough.
A swing low is the mirror of a swing high: a bar flanked on both sides by bars with higher lows. It marks a local trough where selling pressure was absorbed and price turned up. Rising swing lows are the hallmark of an uptrend; falling swing lows define a downtrend.
Swing lows become support once price moves away from them. Traders use the most recent swing low as the logical stop placement for long positions — a close below it invalidates the long thesis.
Related Terms
Breakdown
Price moving decisively below key support, signalling that sellers have overwhelmed buyers at that level.
BeginnerHigher Low
A trough that forms above the prior swing low — the second structural requirement of a defined uptrend.
BeginnerLower Low
A trough that undercuts the prior swing low — one half of the structural definition of a downtrend.
BeginnerSupport
A price level where buying pressure has historically halted or reversed a downward move.
BeginnerSwing High
A candle or bar whose high is higher than both the preceding and the following candle's highs — a local price peak.
BeginnerTrend
The persistent directional bias of price over a defined timeframe — up, down, or sideways.
BeginnerTrendline
A straight line drawn through successive swing highs (downtrend) or swing lows (uptrend) to visualise the trend's slope.
Beginner