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What is the sideway trend?


Upoctin

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Depending on their characteristics, there are many different ways to profit from lateral trends. A merchant will usually seek confirmation of a break or breakdown in the form of technical indicators or graphics patterns, or use various strategies to capitalize on the side movement of one side. Many traders look for horizontal price channels that contain lateral trends. Traders can try to buy security when the price approaches support levels and sell a security when the price approaches resistance levels if the price has regularly recovered from them. Loss stop levels can be set just above or below these levels in case a break occurs.

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