How Do I Analyze Consolidation Chart Pattern?

A consolidation pattern is a bilateral chart pattern that signals the forex price is taking a break & the buyers & sellers in the market are yet to decide on which side the market will move - this shows that there is a tug of war between the 2 and neither side can gain control of the market.

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

If the FX price breaks to the up side then the FX market trend is considered to be a bullish upward market trend.

If the FX price breaks out to the downwards direction then the trend is considered to be a bearish downward trend.

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

How Do I Analyze Consolidation Pattern?

How Do I Analyze Consolidation Pattern?

How Do I Analyze Consolidation Pattern?