Apiary Fund Blog

What Is a Range Bound Market?

[fa icon="calendar'] Nov 23, 2019 6:00:00 AM / by Brigette Dumas posted in Apiary Fund, learn to trade, vocabulary, trading terms, momentum, range trading, range bound

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A range-bound market is a scenario where there's price blockage within the range on the price chart. Which means the general price action is situated between two specific levels, the high of the range, and the low of the range. You might hear some traders refer to range-bound market trading as “price consolidation,” “congestion phase,” or “flat market.” When the Forex pair is not going either up or down, it is considered to be in “consolidation phase,” or “horizontal phase.”

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