What is range in trading? or How to trade in range by hitradeofficial

By hitradeoffical

Updated on:

Crude oil in the range

About this image :-

In this image you can see that here a range form and you can also see that here two range the first range is upper range which is upper side range and the second one is lower range and today in this post we learn about range. Welcome to this post and keep learning and careful learning.

What is range in trading :-

In the trading field and also in any field range is simple meaning is where a price consolidate a particular range like that in this image you can see in upper side price consolidate at 68.50 approx and in lower side price consolidate at 67 here a range that is 67 to 68.50 and this price difference is called range and in trading field range is very important we can easily identify when we can buy or when we can sell with the help of range. This is called range is trading.
 

How many types of range in trading :-

Here in trading there are two types of range the first type is upper range and the second type is lower range in upper range is when price consolidate in upper side that is called upper range and in simple language where price is high if it is consolidate more than 2 time that is called upper range and the second type is our lower range in the lower range our price is consolidate in lower side that is called lower range. These are the types of range is trading.
 

How to buy or sell in range :-

If you want to trade in range than you must need first to first a range so first to first you draw a range and than wait for our price reached in range here range means in upper range or in lower range so wait for upper range if our price will be reached in upper range than see our price action if our price action saying to go in sell side than we can sell otherwise we can wait for some price action in similar way to when our price will reach in lower range than wait for price action if our price action saying to go in buy side than we can buy otherwise wait for form any price action. This way we can buy or sell in range.
 

Learning of this post :-

In this post there are lot of learning first to first we need to learn range what is range and how to draw a range than we need to learn how to buy or sell in range if you don’t know when we can buy or when we can sell than you must need to learn price action when you learn price action than you can easily take decision when we can buy or sell and than you must need to learn how to manage our trade and its stop loss if you are working in day trading than must need to the learning of stop loss and than we can trade if you don’t know these topics than you go our home page and learn these topics otherwise you can go in investment side if you don’t want to learning these topics than trading is not for you. Here I am telling very hard and strong because I want don’t to come without any knowledge.
 

Thank you for this post and for more update you can follow on YouTube

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