Navigation

Consolidation

Consolidation illustrates the lack of a trend in a particular trading range. It frequently occurs after downtrends or uptrends, and can be seen as a stretch of indecision. Consolidation draws to a close when price breaks through existing lines of support and resistance.

Back to Forexpedia Main Page

"Be not afraid of growing slowly, be afraid of only of standing still."
Chinese Proverb
Clicky Web Analytics