there is no textbook method to mark swing highs and lows in my opinion but with observation I can tell few things
after certain price move price retrace almost 50 to 61.8% and there it form either a bullish candle or consolidate to form a base and then start journey.
after certain price move price retrace almost 50 to 61.8% and there it form either a bullish candle or consolidate to form a base and then start journey.
https://twitter.com/theBuoyantMan/status/1383711159589638148
sometimes consolidation starts happening early so conclusion is -
where price either consolidate and continuously tests a level and moving in side of primary trend becomes a swing low
where price either consolidate and continuously tests a level and moving in side of primary trend becomes a swing low
all basics + observation and simple understanding
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