@voksh
Now we are observing sideways movement in the market. Further we can expect there scenario variants: The price may come out of the sideways up or down, which may mean the beginning of a new trend. This is often accompanied by an increase in trading volumes and may be a signal for investors to take active actions; Price may temporarily move out of a sidewall but then move back in. Such movements can be deceptive and require caution; A sidewall can linger if the market continues to be in a state of equilibrium between buyers and sellers.
In any case, a sidewall is a phase of market consolidation that may precede significant market movements!