Think about it conceptually
2 forms of swing points, stop run or failure swing
1st swing point is the breaker, make a HH then fail and then break down and have a rejection at the highs. When you have a selling scenraio, generally the market will rally up to resistance it will first fail to reach that level and break a little lower and then it rallies higher above the STH. When we see price hover below a key institutional reference point, we anticipate price trading to them
When you have the levels on your chart, youll be able to anticipate a setup unfolding before it actually this with this pattern. If you don’t have the levels on your chart youll be surprised
Or you can sell it when the stops get taken out but that takes balls and experience
And with this concept, we already had a stop run so theres no reason for that high/low to get taken out
Ideally you want to the high/low traded trough to be recent, its fractal, so on the daily its the same
We want to see an immediate response away from the level its traded above/below we dont want it to see it hang there
It doesnt have to go back to give you an entry, depends on how aggressive the move was if the move was super aggressive it will likely not give a pullback
Breaker structure is the highest probability
Theres only 2 of viewing the market place when it turns, breaker and swing failure
Swing failure:
It cant take out that blue line, the PD array that we trade above/below