Breakouts and Consolidation
Consolidation is a period of compressed or sideways price action. A breakout occurs when price moves beyond the established range, but not every breakout holds.
Topic: Price Action
Momentum
Momentum describes the strength or persistence of directional price movement.
Price Action
Price action is the direct study of how price moves and reacts.
Support and Resistance
Support and resistance are areas where price has previously attracted meaningful buying or selling interest.
What Is Market Structure?
Market structure is a simple way of describing how price is moving by looking at swing highs and swing lows. It helps identify trends, ranges and possible changes in behaviour.
Support and Resistance
Support and resistance are areas where price has previously attracted meaningful buying or selling. They are better treated as zones than as perfect lines.
Price Action
Price action is the study of price behaviour itself: swings, candles, closes, wicks, reactions and the context around them.
Volatility and Momentum
Volatility describes how much price moves. Momentum describes the strength and persistence of that movement. They are related but not identical.