Consolidation

From The Free Forex Encyclopedia

Revision as of 20:04, 7 May 2010 by Fxdisco (Talk | contribs)
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.


"If anything is worth trying at all, it's worth trying at least 10 times."
Art Linkletter
Clicky Web Analytics