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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-As we know in ICT concepts, Time and Price must meet..
-Without Time, Price is useless.
-Without Price, Time is useless.
-So, Daye Reverse engineered the ICT concepts to frame Quarterly Theory.
-He Splits Time into 4 Quarters.