Channel
Two parallel trendlines containing price, rising, falling or flat.
Related terms
Trendline
A line connecting swing lows in an uptrend or swing highs in a…
Range
A sideways market bouncing between support and resistance without…
Flag pattern
A short, tight counter-trend channel after a sharp move. It is…
Average daily range (ADR)
The average distance in pips between each day’s high and low over…
Average Directional Index (ADX)
An indicator of trend strength, not direction. Readings above…
Average True Range (ATR)
A volatility indicator that averages the true range, which…