Skip to main content
Technical

Consolidation

A period where price moves sideways within a defined range. In Elliott Wave terms, consolidation often corresponds to Wave 4 corrections, triangles, or flat patterns before the final wave.

RELATED TERMS

Range
The price area between a defined support and resistance level where price oscill...
Wave 4
The second corrective wave within an impulse sequence. Wave 4 never overlaps wit...
Triangle
A five-wave sideways corrective pattern labeled A-B-C-D-E. Triangles form conver...
Complex CorrectionAll TermsContracting Triangle