Last Swing Broke [LSB]

The largest swing in a major reaction or impulse leg to be broken. It shows a Change In Behavior (CIB)

Use: This LSB becomes our first projection for the next swing in the other direction.

Notes:

  • You can experiment with using any minor swing as an LSB, even an outside bar to show the change in behavior.
  • For the impulse leg consider using the largest swing above the high or below the low as an LSB.
  • If it’s not clear, don’t force it, wait for price to show you clarity