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Technical

Swing High

A local price peak formed when a high is flanked by lower highs on both sides. Swing highs mark potential wave endpoints, particularly Wave 1, Wave 3, and Wave 5 termination points.

RELATED TERMS

Swing Low
A local price trough formed when a low is flanked by higher lows on both sides. ...
Higher High
A swing high that exceeds the previous swing high, confirming an uptrend. In Ell...
Wave 3
Usually the longest and most powerful impulse wave. Wave 3 is never the shortest...
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