Swing high / low
An extreme exceeding the n candles on each side. That n is the parameter almost nobody declares.
In the chapter
The parameter that decides how much structure exists
From the same chapter
- Break of structurePrice exceeds the last swing in the direction it was already going.
- Change of characterIt breaks against. First hint of a turn.
- False break / fakeoutLeaves the level and comes back inside. It is how an important level does its job.
- ReclaimRegaining the level after losing it. Used in English in Spanish too.
- Polarity changeBroken support becoming resistance. Explained by whoever got trapped, not by the level.