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 . The distinction between trending and ranging markets lies in their price movement patterns. In a trending market, prices exhibit a directional bias—an uptrend is characterized by a sequence of higher highs and higher lows, while a downtrend is defined by a series of lower lows and lower highs. Conversely, a ranging market lacks a clear directional movement, with prices oscillating within a defined horizontal range. But ranging markets tend to move horizontally between key support and resistance levels. There are three ways to trade…