How do you identify the market direction when it's ranging. I am finding it really difficult to do so. I need help
It ranges for a reason - either accumulation or distribution. If you are a trader and not an investor, stay off the market.
When your busy and sells keep hitting SL, stay clear.
Well.... You can use the daily chart and if you see 3-4 days candles side by side without going higher or lower, definitely a range.
When it's ranging it's not going anywhere, seat on your hands, draw a line above and below the range, when it breaks out of that line then you can know the direction.