Last Swing Broke
Last Swing Broke (LSB) is the largest swing to be broken within a reaction or impulse leg, showing a Change in Behavior (CIB).
Uses
Use the Last Swing Broke to project a balanced pullback in the new direction.
Notes
The LSB can also be an outside bar or the top of a Gap Slide. It is generally used to see the Change in Behavior after a pullback. Use it with a Modified Schiff Median Line, connecting it to the first pullback, to project the path of the new major impulse leg.
Last Swing Broke
Last Swing Broke (LSB) is the largest swing to be broken within a reaction or impulse leg, showing a Change in Behavior (CIB).
Uses
Use the Last Swing Broke to project a balanced pullback in the new direction.
Notes
The LSB can also be an outside bar or the top of a Gap Slide. It is generally used to see the Change in Behavior after a pullback. Use it with a Modified Schiff Median Line, connecting it to the first pullback, to project the path of the new major impulse leg.
Last Swing Broke
Last Swing Broke (LSB) is the largest swing to be broken within a reaction or impulse leg, showing a Change in Behavior (CIB).
Uses
Use the Last Swing Broke to project a balanced pullback in the new direction.
Notes
The LSB can also be an outside bar or the top of a Gap Slide. It is generally used to see the Change in Behavior after a pullback. Use it with a Modified Schiff Median Line, connecting it to the first pullback, to project the path of the new major impulse leg.