Equal Lows (EQLs)

Identification Rules

Learn to spot two or more lows at the same price level that create support.

  • Identify an initial swing low
  • Price must later retest the same low level
  • Price must reject from the retest, showing signs of support
  • The two lows should be at approximately the same price level

Entry Rules

When to buy after price bounces from the equal low support level.

  • EQLs are not direct entry points but confirmation signals
  • Combine with bullish Fair Value Gaps for entry signals
  • Look for bullish Order Block retests after EQL formation

Stop Rules

Where to place your stop loss below the equal lows to limit risk.

  • Place stops below the equal low level
  • Use recent swing low below EQL as stop reference

Target Rules

How to set profit targets based on previous highs and key levels.

  • Target bearish Order Blocks above
  • Target key resistance levels
  • Target sell-side liquidity areas

Confluence Factors

Additional signals that make equal low setups more reliable.

  • Bullish Fair Value Gap retest
  • Bullish Order Block presence
  • Demand zone alignment
  • Higher timeframe support
  • Volume confirmation on rejection

Failure Modes

Common scenarios where equal lows break down and fail as support.

  • False breakout below EQL
  • Weak rejection
  • No follow-through

Common Mistakes

Typical errors traders make when trading equal low patterns.

  • Trading EQL in isolation without confluence
  • Using shorter timeframes exclusively
  • Entering immediately at EQL formation