Consolidation

From Forexpedia

Jump to: navigation, search
Definition:
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.


Retrieved from "http://www.babypips.com/forexpedia/Consolidation"
"Look at a day when you are supremely satisfied at the end. It's not a day when you lounge around doing nothing. It's when you've had everything to do, and you've done it."
Margaret Thatcher
Clicky Web Analytics
Feedback Form