A price swing starts with a High the moves down to the letter b
the A-B are typically the strongest points of resistance and support
In a down trend if the C breaks the A then the trend is over.
this A-B-C-D is how the market swings continually
Please look at up trend.
the A-B are typically the strongest points of resistance and support
In a down trend if the C breaks the A then the trend is over.
this A-B-C-D is how the market swings continually
Please look at up trend.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.