
Typical price movement is in a certain period of price movements continue to shape the pattern of trends and conditions will change if the trend reversal signal is experiencing a confirmation. A characteristic that often happens before experiencing a reversal or continuation is the existence of price consolidation or trading range, which is a condition in which prices have a balance due to the pressure against the price. If the price support or resistance in the trend has been penetrated, this is where the price will continue whether it suffered a reversal or continuation price.
After the price support or resistance is penetrated, the...