Market Trends from 2-Bar Swings

2-bar swings require 2 higher highs or 2 lower lows without an interrupting counter move.  They are an indication that the underlying trend may change or simply a correction swing (between 1-period and 3-period) and the trend will continue when price breaks the nearest peak or valley.  With more than 3 consecutive sets of swing periods, either up swings or down swings, a high probability trade change has evolved at least temporarily.

Trend Change Swings

Up Trend and Down Trend