Trading Ranges and Breakout Probability

just 2 questions here:

1. how to identify trading ranges?

2. after 1 is accomplished, how to determine the likelyhood of markets remaining rangebound vs breakout and trend?

Hi bluefox,

Are you asking how to know whether or not you are in a range? or are you asking how to identify the top and bottom of a range?

If you are asking to know whether or not you are in a range, you have to look at the price action and ask yourself, is the market still making higher lows/lower highs?? This all depends on what timeframe you are looking at also..The market could be trending on a 30 min chart, whilst in a range on the daily..

As for the likelihood of a breakout, it's 100% certain, just a matter of when ...

Please post some more info as to what exactly you are asking..

Good morning to all members Iam new here and I need members who can put me through on cross over and oversold and overbought strategy
Thanks
Emoad20