Range Trading in Forex

Range trading is a trading approach built around a market that is rotating between identifiable support and resistance areas rather than trending persistently in one direction.

The approach depends on the range remaining valid, which means the possibility of a breakout is always important.

The Chart Logic

A range trader first needs a defensible range: repeated reactions near an upper resistance area and a lower support area.

The central chart question is whether an edge is still holding, merely being tested, or beginning to fail.

The Main Risk

No range lasts forever.

Repeated tests can eventually lead to a genuine break, and a move that begins as a familiar return from the edge can turn into directional expansion.

That is why a wick, close, follow-through, and possible role-flip retest should be read carefully rather than assuming every touch must reverse.

Level 3 Scope

At this stage, the important skill is recognising the market state and the evidence at its boundaries.

Piplix Level 3 does not require turning every range edge into a trade. If the boundary is unclear or price is overlapping in the middle, “no clear read” can be the correct conclusion.

Key Takeaway

Range trading only makes sense while the range evidence remains valid.