Sentences with phrase «after a breakout above»
For instance, after a breakout above the top band, the trader may initiate a long put or a short call position.
https://www.investopedia.com/ Not exact matches
$ MZOR has tightened up on the weekly chart the past two weeks after a false breakout above $ 43.
The recent «false breakout» absorbed overhead supply, which should make it easier for $ MX to surge higher after it breaks out above the high of its recent range.
Bar 14 - Breakout pullback buy or long, always in long after double bottom and consecutive bull bars, but bear bars, possibly sellers above or probably sellers at the high of the bar scaling in higher
Odds of a breakout above the 200 - day MA are increased after several «higher lows» have already been formed, as is the case with UNG.
The breakout trader enters into a long position after the asset or security breaks above resistance.
Please note that this should ONLY be tried after you have successfully mastered trading inside bars in - line with the daily chart trend as continuation / breakout plays, as we discussed above.
If after / before the breakout, a medium orchid downward pointing arrow of the Super Signal v3 custom indicator is sustained above price bars as seen on Fig. 1.1, price is said to be bearish i.e. a sell alert.