Trends and Market Structure
Swing points describe local highs and lows relative to neighbouring candles. The definition should be consistent across a study to avoid changing the rules after seeing an outcome.
Learning outcomes
✓ Explain swing highs and lows
✓ Explain trend and range
✓ Explain invalidation
Course curriculum
1. Swing highs and lows · 12 min
Swing points describe local highs and lows relative to neighbouring candles. The definition should be consistent across a study to avoid changing the rules after seeing an outcome.
2. Trend and range · 12 min
An upward structure may show higher swing highs and lows; a range may repeatedly revisit a band. These descriptions depend on the timeframe and can change.
3. Invalidation · 12 min
An analysis should describe what would invalidate its interpretation. Write that condition before observing later candles. Avoid changing it solely to preserve a preferred story.