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Re: ChannelTrader post# 42545

Wednesday, 07/30/2014 2:17:36 PM

Wednesday, July 30, 2014 2:17:36 PM

Post# of 59584
Consolidation is generally regarded as a period of indecision, which ends when the price of the asset breaks beyond the restrictive barriers.

Once the price of the asset breaks through the identified areas of support or resistance, volatility quickly increases and so does the opportunity for short-term traders to generate a profit.