ICT CONCEPTS l IDENTIFYING FAILURE SWINGS

Prefacing the Next Video "High vs Low Resistance liquidity runs" with this.

Failure swings are great for ranging conditions, not every impulse will recreate a new range so failure swings become good targets.

[regretlessmetanoia]

Note for myself: The swing that takes liquidity is the starting point. the next swing is usually the failure swing and also the swing that gets taken out.

[KelkiasSolomon]

4:23 isnt there a failure swing above the line you draw? the longest line . . . above it

[seanchang]

dxy just made its stop run to start the year. dxy will go lower. nasdaq will go higher for the next couple weeks to come.

[_cider]

so do you skip the HRLR (the swing high that is the run itself) and only consider the subsequent swing high as reference?

What I mean is around ~4:18, the 14: 15 candle is not considered a LRLR with respect to the previous candle (that took out the liquidity on your second horizontal line)
But the next example used the HRLR's swing high as reference to the LRLR (fourth line) so I'm a bit confused with which to reference for the 'failed liquidity'

hope you get what I'm asking 😁