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 & either push indices trading prices upward in an upward indices trend or push indices trading prices downward in a down-wards trend.
Consolidation Stock Indices Chart Patterns
Symmetrical triangles are stock indices chart trading patterns with converging indices trendlines 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 setups form we say that the Indices Trading market is taking a break before deciding which is next direction to take.
What's Indices Price Consolidation in Indices Trading? - What's 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 Trade Signal after a Consolidation - What's Consolidation in Indices Trading?
Indices Price Break Out Up-wards Buy Indices Trade Signal after a Consolidation - What's Consolidation in Indices Trading?