How to Identify Stock Indices Breakout Pattern

A range indices consolidation stock indices pattern is a trading range with narrow stock indices price action which forms a consolidation period in stock index market. The indices trading range is defined by 2 parallel indices trend lines which are horizontal and these trend lines indicate the presence of support levels & resistance levels at this particular area. Range consolidation stock indices chart pattern is drawn on a indices chart using a range, therefore thus its name indices range stock indices trading chart pattern.

For this indices consolidation stock indices chart pattern, stock indices price forms a series of highs & lows that can be connected with horizontal indices trendlines which are parallel to each other. Range consolidation stock indices chart pattern forms over an extended period of time giving this stock indices chart pattern its range shape.

Flat Top Breakout Pattern - A indices breakout of stock indices price action from this range consolidation stock indices chart pattern occurs when either of the horizontal line is penetrated & the indices trading range of this range indices pattern is broken. An up side stock indices price break out is a buy signal. A downside stock indices price break out is a sell indices trade signal.

How to Trade Indices Breakouts - How to Identify Stock Indices Breakout Pattern - Indices Breakout Pattern Strategy

Indices Price Breaks Out of the range consolidation pattern after a period of time and stock indices price continues to move upward after an upward stock indices price breakout.

How to Trade Indices Breakouts - How to Identify Stock Indices Breakout Pattern - Indices Breakout Pattern Strategy