Notes Grey shadow box is your Consolidation box The white dotted line is Stop loss Red lines are Profit Target Levels for Breakdown Green lines are Profit Target Levels for Breakout Use this indicator on the 5, 10, or 15 mins timeframe with Premarket on ## OneNote Archive Name Consolidation Box v01 _ This tight range fluctuation is advantageous to the bulls because the market is consolidating near a resistance level Consolidation near a resistance level increases the chances of a breakout A breakout at level $058 will propel price to reach the highs of $065 and $078 SP500 – Aggressive Breakout on Its Way After SP500 futures tested massive Gann resistance on a daily chart near 4250, the market began consolidation in a tight range
Bitcoin Cash In A Tight Consolidation Chance Of Breakout Likely