How Do You Analyze Forex Trading Signal of a Consolidation Pattern?

How Do You Trade Forex Signal of a Consolidation Chart Pattern?

When consolidation patterns form the forex market is taking a pause before deciding the next direction to take - the next direction can be a buy or a sell.

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

What Happens After a Consolidation Chart Pattern?

However, this consolidation pattern cannot go on forever and market eventually breaks-out in one side & forms a new forex trend.

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

Forex Price Break out Downward After Consolidation Chart Pattern

Forex Price Break out Upward After Consolidation Chart Pattern

How Do I Analyze Forex Trading Signal of a Consolidation Chart Pattern?