Determining Highest High or Lowest Low of a Swing
What is the best indicator or method to determine whether a swing direction has ended and a reverse swing is starting?? I know sometimes the next peak will be just a little lower if going up which is a good sign of a stall, but sometimes there is no second peak until it has retraced 50 or 60 pips (One large spike shows only).
Has anyone a good method of determining when the highest peak is the highest peak and the lowest peak is the lowest peak in a swing leg???
Dave
Need Input!
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