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Technical

Swing Low

A local price trough formed when a low is flanked by higher lows on both sides. Swing lows mark potential Wave 2 and Wave 4 completion points and serve as invalidation reference levels.

RELATED TERMS

Swing High
A local price peak formed when a high is flanked by lower highs on both sides. S...
Higher Low
A swing low that remains above the previous swing low, confirming uptrend contin...
Wave 2
The first corrective wave in an impulse sequence. Wave 2 retraces a portion of W...
Swing HighAll TermsTarget