Technical_Analysis_page_369

Technical | Analysis page 369 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

340 Part IV Chart Pattern Analysis Consolidation Area on the One-Box Chart (Also “Congestion Area’’) As we know from bar chart analysis, a consolidation area is a sideways movement in prices that interrupts or reverses a trend. It is during this period of nontrending action that patterns develop…