What's Indices Price Consolidation in Indices Trading?
Indices Price consolidation in indices trading is when prices stop moving upwards or downward in a indices trend and start to move sideways in what is known as a consolidation.
Indices Price will continue to consolidation and move sideways for a period of time until such a time that one side of the stock indices trading market - either the buyers or the sellers gain control of the stock indices trading market and either push indices trading prices upward in an upward indices trend or push indices trading prices downward in a downwards trend.
Consolidation Stock Indices Chart Patterns
Symmetrical triangles are stock indices chart patterns with converging indices trend lines that form a consolidation period and are used to trade the stock indices trading price consolidation.
Technical buy point from symmetrical triangle is the up-side break of stock indices trading price consolidation, while a down-side break of the stock indices trading price consolidation is a technical sell signal. Ideally, a market breaks out from a symmetrical triangle prior to reaching apex of the triangle.
When these stock indices trading price consolidation patterns form we say that the Indices Trading market is taking a break before deciding which is next direction to take.
What is Indices Price Consolidation in Indices Trading? - What is Consolidation in Indices Trading?
However, this stock indices trading price consolidation pattern cannot go on forever & just like in a tug of war one side eventually wins, below are 2 example of how stock indices price consolidation eventually had a break out pattern and moved in one particular direction.
Indices Price Breakout Downward Sell Indices Trading Signal after a Consolidation - What's Consolidation in Indices Trading?
Indices Price Breakout Upwards Buy Indices Trading Signal after a Consolidation - What's Consolidation in Indices Trading?
