A Swing High is a local peak with lower highs on both sides; a Swing Low is a local trough with higher lows on both sides. These pivots are the reference points traders use to read trend and structure.
How traders use it
- Connect swing points to map the trend.
- Broken swing points signal structure shifts (BOS, CHoCH).
- They anchor stop-loss placement above/below structure.
See it in dtcharts
Mark support, resistance and structure on any chart in the dtcharts terminal with the drawing tools.