Language

Swing

Swing plans with
room to breathe.

On 4H and daily charts, the stop has to sit beyond real structure. ScanMyChart places it there and tells you if the target still pays.

Try 2 free Scans

Create an account and get 2 complete analyses. No card.

1m – 15mTight stop, near target. Every tick counts here, so the R:R decides.

15m – 4HOpened and closed within the session. Room for one clean move.

4H – 1DWider stop, higher target. Fewer trades, more patience.

Illustrative example. Not financial advice.

BTC/USDT · 4H64,558Take Profit 65,000Entry 64,380–64,520Stop Loss 64,060Take Profit 66,800Entry 64,180–64,620Stop Loss 63,700Take Profit 68,200Entry 63,900–64,400Stop Loss 62,650
BTC/USDT · 4H Plan ready
Entry
63,900–64,400
Stop Loss
62,650
Take Profit
68,200

R:R

2.7

  • Stop Loss beyond the swing that invalidates the idea.
  • Take Profit at the next weekly or daily level.
  • An R:R that accounts for a wider stop.
  • NO TRADE when price is stuck between levels.

Common swing trading mistakes

  • A stop so tight that normal volatility hits it.
  • Chasing after the move already happened.
  • No plan for when the trade goes right.

Other styles: Scalping · Day

You have the chart.
Now check your idea.

Start with 2 free Scans and see what a second opinion adds to your analysis.

Try 2 free Scans

Create an account and get 2 complete analyses. No card.