Why is that consolidation?
when i see too many close lines i do not enter
those lines are like prison bars
price will be bouncing back and forth until reaches the free space up or below
sure a person can enter at the extremes but not inside
With that many lines how would you ever find a trade?
if i see a big gap > 500 points i jump in after the zone is conquered with 200 points setting a 100 points stop loss as a protection against the spikes
if i can realise 300 points profit that is enough
look at this area in the Eurusd pair
look how clean with no obstacle beside the blue mov average that is acting as a support area
