Technical_Analysis_page_259

Technical | Analysis page 259 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

230 Part Ill. Trend Analysis DETERMINING A TRADING RANGE Trading ranges (or sideways trends) occur when peaks and troughs appear roughly at similar lev- els. The peaks cluster at a certain price level, and the troughs cluster at a certain price level below the peaks. The configuration usually…