Swing low
A swing low is a candle whose low is below the lows of the candles on either side of it, so price turned up from that point.
Definition
A swing low is a candle whose low is below the lows of the candles on either side of it, so price turned up from that point.
As with a swing high, the number of candles checked on each side is a setting, and the swing lows found depend on it.
The rule behind a fair value gap does not use swings. A gap is found from three candles alone.