Range Market

In addition to the bullish structure and the bearish structure we introduced, the third mode created in most cases in the market is the ranging or turbulent structure. In this case, the power of buyers and sellers is almost equal, and there is no special trend in the market. Many traders believe that the market is ranging 80% of the time. So, you must be very patient to start a trend. The crucial point in trading is that if you cannot easily determine the market trend, it is probably a ranging market, and in this case, it is better not to enter the trade, but if you are going to trade in a ranging market, the conventional strategy is to sell at the last high and buy on the last low. In short, BLSH (Buy Low, Sell High). For example, in the image below of the EURUSD currency pair, we see a range structure in the 30-minute timeframe that you could make a good profit with the BLSH strategy. However, note that trading in the ranging market requires a lot of skill and experience, and we recommend that you do these trades with a low volume at first.