Sentences with phrase «bearish reversal candles»
$ KBE and $ XES printed bearish reversal candles, while $ ITB broke down on higher volume.
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All the major indices closed well off session highs or formed bearish reversal candles on higher volume as well.
Yesterday, the S&P Select Sector Technology SPDR ETF (XLK) formed a bearish reversal candle on an increase in volume.
Not exact matches
It is a Hanging Man, a potential reversal candle, a bearish Engulfing Candle and as it is Solid Black shows bearish intraday price acandle, a bearish Engulfing Candle and as it is Solid Black shows bearish intraday price aCandle and as it is Solid Black shows bearish intraday price action.
This reversal pattern is either bearish or bullish depending on the previous candles.
Alternatively, if the previous candles are bearish then the doji will probably form a bullish reversal.
Bearish scenario: A break below $ 16,750 (doji candle low) would add credence to the breach of the ascending trend line and the doji reversal.
A short - term top is in place at $ 3.3170 (Jan. 4 high) as indicated by the bearish doji reversal (Thursday's doji candle and a bearish follow - through on Friday).
A bearish doji reversal occurs when the doji candle is followed by a big red candle, as seen on the above chart, and indicates a bullish - to - bearish trend change.