When we leave a consolidation area, chances are were going to be in a trending enviroment
Trending markets have funds behind them
Avoid consolidating markets, theres a lack of buying and selling
Avoid your brain to tell you that it wants to reverse, follow the trend
If it gives you losses, then its likely making a shift
And just because the monhtly moves higher doesnt mean theres a setup, theres other things to look for as well
Consolidation profile
Consolidation profiles are tradeable, but its not for swing trading you want to be looking for a trending market for swing trading
Trending profile
It shows a willingness to leave a consolidation, thats very strong for swing trading