A Trading Range is a sideways market where price oscillates between a floor of support and a ceiling of resistance. Neither buyers nor sellers dominate until price breaks out of the range.
How traders use it
- Fade the edges — buy support, sell resistance.
- Wait for a confirmed break before trading a breakout.
- Ranges often precede strong trending moves.
See it in dtcharts
Mark support, resistance and structure on any chart in the dtcharts terminal with the drawing tools.