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View Full Version : Any tips on Price Action or chart patterns indicating impending consolidation?



aexeniciey
09-27-2015,
I have been focusing on options trading, particularly Calendar Spreads and Iron Condors. Can anyone share any tips on chart analysis and/or price action patterns that often indicate an underlying is going into consolidation? What have you seen in your years of trading experience, looking at price charts, that almost always shows price is about to stall?

For obvious reasons this kind of advice would helpful ahead of any strategy taking advantage of neutral price action.

abidicefajoj
09-27-2015,
Maybe I'm not reading your question right but from experience price going back below previous resistance usually means a stalled action. Price action itself is the greatest indicator there is.