I plotted a swing high and swing low on a chart. Whether the spots where the swing high and low were found, they are correct or not? Help me to find the better swing ones and swing lows.
The Fibonacci works where the Trends are happening. So you have identified the Swing High where the trend has started, Is my analysis is correct now?
I don’t understand your question. — You haven’t done any analysis.
You have pulled a fib from swing high to swing low, using your platform’s built-in Fibonacci indicator. You have used the wrong swing high, and possibly the wrong swing low (as I pointed out in the notes I added to your chart), but you can easily remove the incorrect fib from your chart, and replace it with the correct fib.
When you do that, your FXCM platform will do all the work. It will place lines on your chart showing the various (default) Fibonacci retracement levels.
What analysis are you asking about?
Can you give a different real example of Swing trade and low for my better understanding.