Classic

Consolidation

Consolidation typically occurs when price action has an impulsive move.

When the price is in a sideways range ie; not really going up or down, this is consolidation.

Most newcomers to the market fail to recognise consolidation and often grow impatient or fearful, leading to them exiting or entering on a whim.

When the breakout finally comes, they're unprepared and too emotional to understand the breakout pattern.

Learn how to identify consolidation and plan ahead.

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