Sentences with phrase «bearish setup»

Looking at examples of both bullish and bearish setups in gold we can see that options offer a trader superior risk management.

More time and more bullish rides are needed to turn the daily chart from its current bearish setup, so the most probable scenario is one of moderate short - term rises that could trigger a bullish leg for some days.

Review this recent post on our trading blog to see the bearish setup for $ IBB.

Funnily enough, one of the most popular Twitter traders had published a bearish setup at the time of the pump, but may have been oblivious to what was happening.

For bearish setups, look for thrusts with strong bearish bars that fall below the last swing low easily.

You are a great mentor Justin and i learn a lot from you every single day... Indeed i never took this bearish setup because i used some concepts i learned with you.

A bearish setup.

A daily close (as per UTC) below the 50 - day MA would only add credence to the bearish setup detailed above (on the daily chart) and open the doors for a sell - off to $ 9,280 (Feb. 25 low) and $ 8,880 (200 - day MA).

5 - day moving average (MA) and 10 - day MA are trending lower, indicating a bearish setup.

However, if price breaks out of the triangle, it invalidates the bearish setup, forcing the bears to cover up, thereby pushing prices higher.

The 5 - week MA and 10 - week MA are trending lower, indicating a bearish setup.

Bitcoin looks set for a drop to $ 6,860 and could possibly extend losses as low as $ 6,000, as indicated by the bearish setup on the daily chart.