#MarketStructure #ChartReading
Price closes above a lower high. Which observation is already available: a break of that high, or a successful later retest?
Answer: The break of that high. A later retest has not happened yet. Treat it as missing evidence rather than assuming it will hold.
Swing confirmation is delayed and depends on the chosen rule and timeframe. SMC labels are interpretations, not predictions.
Price closes above a lower high. Which observation is already available: a break of that high, or a successful later retest?
Answer: The break of that high. A later retest has not happened yet. Treat it as missing evidence rather than assuming it will hold.
Swing confirmation is delayed and depends on the chosen rule and timeframe. SMC labels are interpretations, not predictions.
