RANGING MARKET

Ranging markets are pretty straight forward, they are often called
sideways markets, because their neutral nature makes them appear to
drift to the right, horizontally.

When the market makes a series of higher highs and higher lows, we
can say that the market is trending up.

But when it stops making these consecutive peaks, we say that the
market is ranging.

A ranging market moves in a horizontal form, where buyers and sellers
just keep knocking price back and forth between the support and the
resistance level.