A range, or sideways market, is a period in which price oscillates between an upper and a lower boundary without making a sustained move in either direction. Ranges are common during quiet sessions and are the usual condition for breakouts. A strategy designed for trending conditions often performs poorly in a range, and the reverse is also true.
Forex glossary
Range Market
Related term
Breakout
A breakout is a move beyond a level or area that price had previously been unable to leave, such as the edge of a range. Breakouts frequently fail, so the term…
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