Flat Top Breakout Setup

A range commodity trading consolidation pattern is a trading range with narrow commodities price action which forms a consolidation period in commodities 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 trading range commodities chart pattern.

For this commodity 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 commodity trading break-out of commodities 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 commodities price breakout is a buy commodity signal. A downside commodities 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 commodities price continues to move upward after an upward commodities price breakout.

Flat Top Breakout Setup - How to Trade Commodity Breakouts