How Do I Analyze Forex Signal of a Consolidation Pattern?

How Do You Trade Forex Signal of a Consolidation Pattern?

When consolidation patterns form the market is taking a break before trying to decide which is the next direction to head - the next direction can be buy or sell.

The consolidation chart pattern forms when there's a tug of war between the buyers and the sellers and the market can't decide which way to continue.

What Happens After a Consolidation Pattern?

However, this consolidation pattern can't go on forever and market eventually breaks-out in one side and forms a new trend.

The new trend can either be a downward trend or an upward trend.

Price Break out Downward After Consolidation Pattern

Price Break out Upward After Consolidation Pattern

How Do I Analyze Forex Signal of a Consolidation Pattern?