Trading glossary

Swing high and swing low: meaning in trading

A swing high is a peak with lower highs either side; a swing low is a trough with higher lows either side.

Price moves in pushes and pullbacks. The top of a push is a swing high, the bottom of a pullback a swing low. Together they map the market’s structure.

Swing highs and lows are also where stops collect, so they double as liquidity.

All trading terms