A chart formation that usually appears after the end of strong trends, representing an asset’s price moving within a specific range without a clear direction.
Did you know?
Many consider the year 1880 A.D. to mark the beginning of modern foreign exchange. The reason for this is that it was during this year that the gold standard was first introduced.
Word of the day
"Chartist" - A trader who looks at an asset’s past price action to determine future trends. A Chartist is also known as a Technical Analyst.
Do not open a real account before doing some demo-trading.