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A range occurs when the price moves sideways, bouncing
between a defined support and resistance level.In this condition,
neither buyers nor sellers dominate-the market is in balance.
Example of Range Chart in 1-Hour Time Frame.
Trend (Directional Market)
A trend is when price moves consistently in one direction-either
upward or downward.
Types of Trends:
● Uptrend (Bullish): Higher highs and higher lows.
● Downtrend (Bearish): Lower highs and lower lows.
