#Range_Trading
Trading in a sideways range:
1. Identify the range:
Support: Lower price level.
Resistance: Upper price level.
2. Execution:
Buy at support: with a stop loss below support.
3. Indicators:
Use RSI or stochastic to identify overbought and oversold conditions.
4. Watch for breakouts:
Be prepared to exit or enter if the price breaks the range up or down.
5. Risk management:
Do not risk more than a small percentage of your capital per trade.
This approach requires patience and discipline to maintain profits.