A Thread🧵
HOW TO DEAL WITH CONSOLIDATION💎
Credits: @_amtrades
ANTICIPATE IT
AVOID IT
AVAILABLE FOR EXPANSION📍
CONSOLIDATION:
:: Simply known as price trading into internal range without a direction.
:: The market creates lots of liquidity (Consolidation) before big expansion to one side.
Where it will Happen?
Consolidation happens in Two place,
:: At Reversal point
:: At Continuation point
1. AMD SETUP:
2. TRUE BREAKOUT:
3. DOUBLE PURGE:
Examples:
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