#NSE0071– Price Action Trading Classes- Swing Trading
Swing points are indeed pivotal moments on a price chart where the direction of a trend might shift. Minor swing points, as you mentioned, typically signify temporary reversals or pullbacks within the broader trend. These points are important for traders as they can provide opportunities for entry or exit, depending on their trading strategies and goals. Understanding these concepts is crucial for technical analysis in trading.
Pic Credit-MARKET INSIGHTS