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Marktstruktur

Range

Sideways price action bounded by a definable support and resistance.

A range (or trading range, consolidation) is a market state where price oscillates between a definable support and resistance without making a sustained directional move. Trends and ranges alternate; most markets spend more time ranging than trending.

Range trading inverts trend-following logic: buy support, sell resistance, fade extremes. The hard part is recognizing when a range is breaking out — a false breakout traps range traders into the wrong side of a developing trend.

Volatility indicators (ATR, Bollinger Band width) tend to contract during ranges and expand at the breakout. Bollinger 'squeezes' and Donchian-channel narrowing are common range-detection heuristics.

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Range-trading strategies

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