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 can be used for trading quickly and surely profit. Danger or not how to trade, if you use SL, of course it's safe.
Sideway conditions are usually used as a scalping strategy, but actually this is too dangerous if psychology and mentality are not strong, then the atmosphere will be carried out, even though every sideway happens, it will end with a breakout.
to anticipate this, you can use the oscilator indicator as a filter because it is safer compared to the price acton, but my advice is not to enter when sideway conditions are better to use the sideway condition as a supply demand area which is just waiting for the next break then you only focus on selling and if the candle breaks up you will only focus on buying and that's how I trade until now, sideway conditions are very good as a detainee area that uses supply demand techniques
I've also seen that
Sideway area is usually used as a benchmark price and will usually be found on many charts and widely used for open positions after a break
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