Higher Highs + Higher Lows -> Upside bias to price discovery LH's + LL's -> Downside "" "" LH's + HL's -> Consolidation HH's + LL's -> avoid Prev. High ~= Recent High / Prev. Low ~= Recent Low -> Rangebound It's more of an art than a Science very wise words from Mr Gecko http://www.trade2win.com/boards/swing-position-trading/88974-how-tell-if-market-ranging-trending.html#post1100700
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