Here is a typical example of a range, my approach to them is that , price has a 50% chance of breaking to the upside or the downside. But if it does break , It tends to double the range before it finds support or resistance. In this case , doubling will either lead to anothe support , or another resistance zone. Lets wait and see
Comment:
Price doubles range , then consolidates.
Comment:
Price has shown us the way , I can now wait for a short setup
