Range
Also called: ranging market, consolidation
A sideways market bouncing between support and resistance without a clear trend.
Related terms
Range trading
Buying near support and selling near resistance while a market…
Breakout
A move through support, resistance or a range boundary, often with…
Channel
Two parallel trendlines containing price, rising, falling or flat.
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…