What is the difference between swing high/low and cycle high /low?

<p id="isPasted">In technical analysis, swing highs and lows are short-term peaks and troughs on a price chart, while cycle highs and lows represent broader, longer-term market fluctuations. Swing highs and lows are used to identify trend changes and potential trading opportunities within a shorter timeframe, whereas cycle highs and lows are used to understand the larger market structure and long-term trends.&nbsp;</p><p>Swing High/Low:</p><p>Definition:</p><p>A swing high is a peak price that is higher than the preceding and following highs, and a swing low is a trough price that is lower than the preceding and following lows.&nbsp;</p><p>Significance:</p><p>Swing highs and lows are used to identify potential trend reversals and trading opportunities within a shorter timeframe, such as within a day or a few days.&nbsp;</p><p>Example:</p><p>In a rising trend, a swing high would be the peak price after a pullback, and a swing low would be the trough price before a new rally.&nbsp;</p><p>Cycle High/Low:</p><p>Definition:</p><p>A cycle high is the peak of a longer-term market cycle, and a cycle low is the trough.&nbsp;</p><p>Significance:</p><p>Cycle highs and lows help traders understand the broader market structure and long-term trends.&nbsp;</p><p>Example:</p><p>A cycle high might represent the peak of a bull market, and a cycle low might represent the trough of a bear market.&nbsp;</p><p>Distinction:</p><p>Cycle highs and lows are typically identified over longer timeframes, often months or years, while swing highs and lows are more frequent and within shorter timeframes.&nbsp;</p>