What Happens in CFD after a Consolidation Chart Pattern in CFD?

A consolidation pattern is a bilateral cfd chart pattern that signals the cfd price is taking a break and the buyers & sellers in the cfd market are yet to decide on which side the cfd market will move - this shows that there is a tug of war between the two & neither side can gain control of the cfd market.

This consolidation pattern can continue for some time until eventually one side of the cfd market wins and a new cfd trend forms in the direction of the market to which the consolidation cfd price break out moves to.

If the cfd price breaks out to the upwards side then the trend is considered to be a bullish upward trend.

If the cfd price breaks out to the downwards side then the trend is considered to be a bearish downwards trend.

Traders can decide which side of the consolidation to trade once the cfd price break-out happens & not before the cfd price breakout.