Consolidation is the direction of finding new prices or often termed sideway. After the trend goes up or down ends usually there will be an indication that the trend is over and will look for a new price direction and this is called price consolidation.Can be called consolidation if the stock previously has an uptrand or downtrand pattern.All we have to do is Wait and see because it is not yet known where the price will go.
Sideways condition is a situation when price movements form a certain range with a relatively constant (constant) resistance level and support level. If before the market moves trending then when there is a transition to sideways the strength of the trend will decrease.
Do you think addressing this sideways condition, is it better to enter or avoid it?
If you are trading with scalping, the sideway market is good for entry
the best technique used by market sideways is scalping, I also like it
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