Analyzing Range Expansion: $50 Moves in Just 10 Days
In the fast-paced world of trading, understanding range expansion and how it influences price movement can give you a significant edge. A $50 move in just 10 days is a striking example of range expansion, especially when it happens in a relatively short timeframe. In this blog, we'll dive into the mechanics of range expansion, explore what drives these significant price moves, and discuss how traders can take advantage of such powerful market dynamics. What is Range Expansion? Range expansion refers to a sudden and significant increase in the price range of an asset over a given period. Typically, range expansion occurs after a period of consolidation, where the price of an asset has been moving within a relatively narrow range. When the range expands, it often signals a strong directional move, which can be either upward or downward, depending on market conditions. Why Does Range Expansion Matter? For traders, range expansion is crucial because it often marks the beginning of a s...
