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<p>A consolidated market refers to a period of relatively low volatility and limited price movement in a financial instrument. When faced with a consolidated market, traders can consider different approaches. One strategy is range trading, where traders buy near support levels and sell near resistance levels, taking advantage of the price bouncing within a range. Alternatively, breakout trading involves identifying key support and resistance levels and entering trades in the direction of a breakout, which occurs when the price breaks above resistance or below support. Traders can also choose to be patient and observe the market, waiting for clearer signs …</p>