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Technical

Range

The price area between a defined support and resistance level where price oscillates sideways. Ranges often correspond to corrective Wave 4 structures or B-wave consolidation periods.

RELATED TERMS

Consolidation
A period where price moves sideways within a defined range. In Elliott Wave term...
Support
A price level where buying pressure tends to prevent further price declines. In ...
Resistance
A price level where selling pressure tends to prevent further price increases. I...
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