Structure
A candle whose high is higher than the candles either side of it — a local peak where an advance stalled.
Swing highs are the levels a later break has to clear, which makes them the raw material for both break of structure and change of character.
Pick a consistent rule for what counts — a candle higher than the two either side is common — and apply it everywhere. Marking every minor wiggle produces structure that says nothing.
Taught in
Highs, Lows and the Shape of a TrendMarket StructureSwing highs and swing lows are the skeleton of every chart. Learn to mark them, and "trend" stops being a feeling.
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