Flat Top Breakout Setup

A range commodity trading consolidation pattern is a range with narrow price action which forms a consolidation period in market. The commodity range is defined by 2 parallel trend lines which are horizontal and these trend lines indicate the presence of support levels and resistance levels at this particular area. Range consolidation chart pattern is drawn on a commodity chart using a range, therefore, the name commodity range chart pattern.

For this trading consolidation chart pattern, price forms a series of highs & lows that can be connected with horizontal trend-lines that are parallel to each other. Range consolidation pattern forms over an extended period of time giving this chart pattern its range shape.

Flat Top Breakout Setup - A trading break-out of price action from this range consolidation pattern forms when either of the horizontal line is penetrated and the commodity range of this range trading pattern setup is broken. An up side price breakout is a buy commodity signal. A downside price breakout is a sell commodities signal.

Flat Top Breakout Setup - How to Trade Commodity Break Outs - How to Identify Commodities Break out - Commodity Trading Break out Pattern Method

Price Breaks Out of the range consolidation pattern after a period of time and price continues to move upward after an upward price breakout.

Flat Top Breakout Setup - How to Trade Commodity Breakouts