Equal highs and lows (EQH, EQL)
Two or more swing highs, or swing lows, at almost the same price — a ceiling or a floor that everyone can see on the chart.
Why it matters
Stop orders and breakout orders tend to gather just beyond them, so price often trades through equal highs or lows — sometimes only for a moment, in a sweep. They mark where orders wait, not where price turns.
Education only, not financial advice · All terms