About this image :-
In this image you can see that a box pattern is form and also we can say that this is a range. This range is very useful for our trading as well as making profit. Today we learn all things about this range in this post.
Welcome to this post now keep learning and careful learning.
What is range in trading ?
In trading the range means when price consolidate some times and form a range this consolidations is called range in trading.
The range helps our trading and chart analysis with the help of range we can easily plan when we can take trade or how to make profit. This is called range in trading.
What is box pattern in trading ?
When price consolidate some time and form a box shape and this box shape is called box pattern in trading and also it is called range in trading.
The box pattern and range both are same in trading and also both uses are same so when you start learning of chart and chart pattern that time you learn only one thing.
What is the profit of range in trading?
The main profit of range is help our trade plan like that when we start trading that time we need lots pattern as well as decision and if you have lots of practice on this pattern than that time you make profit.
The making money is most important and with the help of this pattern if you have best practice than you can make money and this is the profit of range in trading if you know properly than you can make profit.
How to trade using range or box pattern ?
If you want to trade using range or box pattern than you can follow these steps.
The first step is open your watchlist of top 500 stocks.
The second step is start seeing watchlist for finding box pattern.
The third step is when you find any stock than mark it and create a special watchlist.
The fourth step is see always this watchlist before market during market and after market.
The fifth step is wait for any movement and price action.
The sixth step is when any price action and movement is form and measure stop loss.
The seventh step is if stop loss is your range than you can trade.
This way you can trade using range or box pattern and this is a good pattern for making profit if your practice is good.
When we can buy using box pattern ?
If you want to buy using box pattern than first to first find box pattern and than see properly that chart and wait for any movement or price action.
If movement is form than see price action if price action and price movement both are form any bullish pattern than you can buy using box pattern.
This way you can easily buy using box pattern and also make money with the help of box pattern or range trading.
When we can sell using box pattern ?
If you want to sell using box pattern than first to first find any box pattern if any stock form any box pattern than kindly mark this chart.
After marking this chart see always this chart and wait for any movement or price action or chart pattern.
If you movement or price action is form than see and compare if price action or movement both are form bearish pattern.
Than you can sell using box pattern but before sell you must measure your stop loss because your capital is most important as compare to your profit.
This way you can easily sell using box pattern or range trading and if you have lots of experience than you can easily make money also.
What is retest in trading?
In trading the retest simply meaning by when any breakout or breakdown is form and price move suddenly and again price move in back side towards support or resistance. This whole process is called retest in trading.
If you use retest in your trading than you can easily avoid your loss and you become profitable trader because with the help of retest you can easily identify trap.
How to trade using retest ?
If you want to trade using retest than first to first you need lots or patience because you need to wait for any breakout or breakdown and than wait for price moving in back side.
When price start moving in back side that time your work is start you need to identify price action because our most important gold point is don’t trade without any pattern.
So when price start for retest that time you identify your price action and according to price action you can trade.
These whole process is called retest trading and this way you trade using retest.
What is the learning of this post ?
There are lots of learning in this post so these are following
The first learning is what is range in trading.
The second learning is what is box in trading.
The third learning is what is the profit of range in trading.
The fourth learning is how to trade using range or box pattern.
The fifth learning is when we can buy using box pattern.
The sixth learning is when we can sell using box pattern.
The seventh learning is what is retest in trading.
The eighth learning is how to trade using retest.
These whole of the learning of this post if you want to learn this than you can using this title and start learning.
