Consolidate Chart Bulletin For Free

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The technical term consolidation has a specific meaning: Consolidation is a sideways pattern of price movement within a limited breadth of trading, in which neither buyers nor sellers are in control. This period of indecision is a third type of trend, in addition to the uptrend and downtrend.

Consolidation Trading Strategy: Breakout And Breakdown Sometimes consolidation can last for days, weeks, and months. Also, during intraday, it can last for a few minutes. Before trading in consolidation, you need to determine the duration and seek price confirmation before trading in the direction of the trend.