Equal Highs & Equal Lows
Equal highs and equal lows are two or more swing points that stop at nearly the same price. Because they look like clean support/resistance, traders pile stops just beyond them — creating an obvious pool of liquidity that price is often engineered to sweep before reversing.
Why they attract price
Equal highs sit above a level everyone can see, so buy-stops and breakout orders cluster there. That makes them a magnet. The same is true for equal lows below the market. “Obvious” is exactly why they get taken.
How to trade them
- Mark equal highs/lows as liquidity targets, not safe entries.
- Expect price to sweep them, then look for a reversal signal (a CHoCH + FVG).
- Trade toward the opposite pool of liquidity.
I break this down live on NQ and ES every session — so you learn the timing, not just the theory.
Go Premium — $100/mo →FAQ
Are equal highs bullish or bearish?
Neither by themselves — they're a liquidity target. Price often sweeps them, so fading the sweep (with confirmation) is common.
Is this the same as a double top?
Similar shape, different lens. SMC treats the equal highs as liquidity to be taken rather than a guaranteed reversal pattern.
Educational content only, not financial advice. Trading futures carries substantial risk of loss.