Lingrid

Cumulative flat, consolidation zone. How to make money on it?

Pendidikan
OANDA:EURUSD   Euro / Dolar A.S.
A cumulative flat or a consolidation zone is like a flat of a small width, up to 20-25 points (it is usually formed during the Pacific trading session, overtaken by the opening of the main sessions). For yourself, you can select a consolidation zone in the form of a rectangle, so the eye perceives the formation better. The entry point is either on the breakout of the consolidation zone, or on a pullback, after price fixing. Stop loss is placed beyond the opposite border from the entry point relative to the accumulative flat

Rules:
1) The consolidation zone is a cumulative flat with a width of no more than 20-25 points
2) It is important to see it, mark it, select this area in the form of a rectangle
3) Important! We are waiting for an impulse exit from accumulation, here you can trade both the exit from accumulation itself and entry into the market, after fixing above / below the border of the accumulative flat
4) We set up a protective order, if the price does not go in our direction, we will calmly exit the market and enter the next time.


The entry point for the breakout of the consolidation zone is the most important and most valuable. It often happens that after exiting such accumulation, the price can go in
one direction for the whole day session, this will make it possible to earn a lot of money.

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻

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