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 !
)
Ex:
( Prior Education:
- Break support/Resistance, give confirmation?
- Support and Resistance, A way to draw a horizontal line !
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.