Sideways Trend !
Euro Fx/Australian Dollar FX:EURAUD
Sideways Trend – Definition A sideways trend comprises a series of price swings existing within the range of a significant upper resistance area and a significant lower support area . The range support and resistance boundaries (range lower and upper boundaries) may be formed from either higher timeframe S/R and/or significant trading timeframe swing highs or lows
Ex:
( Prior Education:
– Break support/Resistance , give confirmation?
– Support and Resistance , A way to draw a horizontal line !
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