Definition
After a big move, a market often pauses while buyers and sellers reach a balance. Volume often falls during consolidation. It can resolve in either direction, and flags, pennants and triangles are forms of it.
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A period where price moves sideways in a narrowing or steady range.
After a big move, a market often pauses while buyers and sellers reach a balance. Volume often falls during consolidation. It can resolve in either direction, and flags, pennants and triangles are forms of it.
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