Basics: Identifying Consolidation

58
Consolidation can be identified as market indecision, where the market is neither trending in an uptrend or a downtrend. At the end of the consolidation phase, the market will either continue trending upward or downward.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.