1. Key levels breakout Bulls/bears become strong enough to violate a key support/resistance and are willing to push to new lows/highs The best opportunity for trade entries.
2. Trend continuation Strong bearish/bullish trend following movement. More and more trades join the rally after a breakout.
3. Consolidation & accumulation Oversold/overbought condition of the market & local accumulation. Market participants are waiting for a trigger to continue pushing.