Last Swing Broke

Changes in price flow are signaled when swings are broken—when a downswing is broken to the upside, for example. Seeing and making these distinctions intimately connects us to the rhythm of a market and offers the trader greater flexibility in trade options. In this last part of our three-part series on mapping markets in any time frame, we look at the anatomy minor swings and Last Swing Broke.

Summing up the series, we learned how to use swings to map any market in any time frame. This is a practical tool that can be readily applied by a trader at any level.