Wednesday, April 17, 2024

Sideways Market

A Sideways Market is a term used to describe price movements in which prices fluctuate within a narrow range over an extended period of time without any kind of trend.

Sideways markets are also known as Range-bound markets, Swing markets, Non-trend markets, No-trend markets, or Volatile Markets.

Instead of trending upward or downward, the price simply oscillates in a horizontal range or channel, and neither bulls nor bears can gain control.

Sideways markets are often described by areas of support and resistance in which price moves.

Sideways Market

How to trade in sideways markets

Traders can take advantage of sideways markets by anticipating a breakout (above the current resistance area or below the current support area).

Traders can also trade within this range when price bounces off support and resistance areas and remains trapped.

If you want to learn more foreign exchange trading knowledge, please click: Trading Education.

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