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Hello, guys.
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You're welcome to this video.
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Okay.
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So in our previous videos, we learned about ups and downs and consolidations and the importance of
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labeling your trend.
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Okay.
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But right now in this video, we'll talk about swings and pullbacks.
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Okay.
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What is a swing?
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What is his swing?
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A swing is a move, a push in direction of the trend.
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Okay.
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Let me say it again.
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A swing is a move of push in direction of the trend.
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And what is a pullback?
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A pullback is a temporary move or push against the direction of a trend.
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Please don't forget that a pullback is a temporal temporal move or push against the direction of the
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trend.
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Okay, so I haven't told you how I've told you that.
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What's a shrink?
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Means and what a pullback means.
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So let's go to the chart.
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Let me show you.
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A diagram represents a swing and a pullback.
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Nice.
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Let me show you a diagram that represents issuing an input back.
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Okay.
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So this is it here.
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Find out.
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I drew two diagrams.
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One is a diagram of an uptrend low creating higher highs and high lose.
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Higher highs and lows.
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And the other one?
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Is a diagram of a downturned key.
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This is a diagram of an object creating higher highs and lows.
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While this is a diagram of an object.
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Okay.
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So why I did that was to let you know that string and pull back.
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You said thing on boot obtained a downtrend whether the market is going up or is coming down.
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It's called sink or pullback.
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So from a definition, you are told that is swing.
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He's.
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A push in the direction of a trend.
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Okay.
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So, for example, this is an uptrend of market.
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This is the swing.
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This this is the swing is a push in the Russian Revolution.
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This is a strong.
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Okay.
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And a pullback is temporal move.
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It's a temporary move against direction of the trend.
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This is a pullback.
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The swing is all is always longer while the pullback is shorter.
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This week, a push national agenda.
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This push is in direction, an object.
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This push is going up with in accordance with the option to move.
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Okay.
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Now this is a pullback.
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He's going.
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I think the trend is a temporal move that is going against the trend.
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This is an industry here, a push index, not a change.
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Why did you step back?
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Said don't move against the trend.
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This is another thing.
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Okay, so that is it.
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So going to the downtrend in markets, you find that this market needs that here represents a downturn
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in markets.
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Those for me in lower, high and low value.
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Okay.
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This is the shrink.
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Why is this the three?
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Because is going in direction of the trend is a push in a direction of a trend.
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Why this move is the pullback?
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Why is it called a pullback?
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Because it's a temporary move against the trend.
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Okay.
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It's a temporary move against directional, Richard.
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So this is a swing.
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This clustering carried, a push index limited.
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This is a pullback, a temporary move against another trend.
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Okay.
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This is a swing here, a push in direction of a trend.
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And this is a pullback, a temporary move against the direction of trend.
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Okay.
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So let's go to the raw charts so I can show you an example of an swing and a pullback on the chart.
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Okay.
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Okay, guys, this is GDP.
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Once again, for our charts.
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Okay, so on this chart, I'm going to show you the swings and pull back from our definition of things
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we said is a push in direction, Richard.
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Okay.
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If you look at these markets, you see that this market is falling down.
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Okay.
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So the swing is a boost national restaurant.
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This is the strength.
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This red line here represent the swing.
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Why?
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The pullback is a temporary move against the direction of a trend.
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A temporary move.
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Okay.
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This is.
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This is a pullback.
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Okay.
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Now after the markets has pulled back and that string accord, this is a push in relation to the trend
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that this trend, this market is going downwards.
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So this is a swing in direction and a trend.
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This is a pullback attempt to move against another trend.
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This is a swing international agenda.
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And this is a pullback, which is a temporary move against Russian aggression.
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Okay.
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Let me show you these in an after the market to.
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Let me show you these.
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They're not in the market.
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If you look at this chart, if the market is going upwards, it's going upwards.
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Okay.
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So a swing member.
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History is a move international trend.
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This is a swing.
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Okay.
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If you buy it and move at the direction of the trend.
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You have to use the definition so it would be easier for you.
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A pullback is a temporary move against the initial retreat.
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If you look at this market, the market is going upwards.
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So the swing must be going upwards to get this swing.
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This is a shrink.
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A shrink is a move.
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A push, a move.
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International the trend.
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Okay.
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This is a pullback.
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A temporary move against the Russian at its end.
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This is another thing you push in national different.
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This is a pullback attempt to move against national defense.
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This is the swing here.
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A push in national to end.
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This is a pullback, a temporary move against national consent.
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Okay.
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So I hope you guys understand what I'm trying to explain in this chart.
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If you don't understand this, please watch this video again.
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Okay.
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I said is shrink is a move in the direction of the trend.
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Why a pullback is a temporary move against an agreement.
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Okay.
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So you have to understand the credit market.
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Okay.
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The market is making a high a high, high, low.
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Market is making higher highs or higher.
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That means the streak should be going off.
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The shrink is the move upwards because the market is not after the market.
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The shrink should be the move that is going upwards.
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Why the pullback is the move that is going against that upward move.
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It's a temporary move that is going against that object.
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Okay.
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The 17 goes with the downtrend in market.
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If the market is going down west, that means the swing is the move that is going in direction of the
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downtrend.
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Okay.
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Why the pullback?
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You see a temporal move that is going against the direction of the downtrend.
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Okay.
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So I hope you guys in the style one trying to see if you don't understand it.
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Please watch this video again because the actual questions.
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Okay.
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I'll help clarify what the strength and pullbacks may signify as market.
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Okay, guys, I'm only trying to show you these because I'm going to be using this terminologies a lot.
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What a splendid intended market in this course.
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Okay.
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So thank you guys for watching this video.
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You know, this video we're talking about a trend change trend of ourselves.
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Okay.
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We're talking about sense change from a downtrend the market from uptrend to market.
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Okay.
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I'm going to teach you how to know when a trend has reversed, when a trend has changed from a downtrend
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in markets to an uptrend in markets.
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Okay.
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After that, I'll teach you how to know when a trend has changed from an objective market down to a
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new market.
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Okay.
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So I'll see you guys in as we do.
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Take care of ourselves.
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