Sentences with phrase «bearish setups»

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

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

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

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.

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).

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.

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.

Not exact matches

IOTA failed to find support amid the selling pressure so far, and until a recovery above the $ 0.45 - $ 0.48 zone, the short - term picture remains bearish, despite the encouraging long - term setup.

In the chart below, we didn't have this issue; we had a nice large bearish pin bar protruding from the trading range resistance, so the best placement for the stop loss on that setup is obviously just above the pin bar high.

BTC, which has been clearly showing the way for the market in the past week, took the driving seat today as well, and the coin remains in a bearish long - term setup, following the recent stellar run - up.

But when the market bias is clearly bearish, we can choose to take bullish bars as our setup bars.

So, if for example, an inside bar setup false - breaks to the upside, forming a «bearish» fakey pattern, the implication is that price may continue moving lower, opposite to the direction of the initial breakout.

A trading guideline might state that we need a bullish bar as a long setup bar and a bearish bar as a short setup bar.

So, we had confluence with the bearish momentum, the rejection of resistance, and an obvious price action setup.

Finally, the last setup we will look at was a bearish pin bar that formed on Tuesday of this week (June 14th).

Now, this setup was definitely more advanced because it was against the recent bearish momentum, however, given the obvious false break and the consecutive inside bars that followed, forming above support, it was a valid price action setup worth taking.

Since the shooting star is a bearish reversal pattern, bearish MACD divergence can help you to further qualify good setups.

Unlike the bearish engulfing pattern, the standard entries typically will not work if you apply my proprietary filters to qualify your shooting star setups because the confirmation close filter changes the way you must take your entries with this particular pattern.

In the chart below, we didn't have this issue; we had a nice large bearish pin bar protruding from the trading range resistance, so the best placement for the stop loss on that setup is obviously just above the pin bar high.

In that case, do not take bearish trading setups, or at least delay your bearish entries.

All of these setups were with the recent daily bearish momentum and worked out quite nicely for savvy price action traders.

This failure of bearish expectations presented a bullish setup.

Looking at the 9/22/2017 close for AUDJPY Daily chart how would you setup a trade given that a bullish pin bar just formed right after a bearish engulfing candle?

Even a long - tailed bearish double pin bar setup like we see below probably would have been a loss or breakeven at best, as we can see in the chart below.

The best setups are typical and clear cut, showing strong bearish indications.

The best setups, however, occur when the bearish engulfing pattern pierces the level and then returns because this is often a sign that the market makers are performing a stop run to set up a reversal (see the image above).

There are many other formations that traders turn to for analysing trade setup such as: Double top / bottom, triple top / bottom, Pinocchio, bullish / bearish engulfment, etc..

A long Hikkake setup is in place when the bearish break - out fails.

A test of the lows is still in the cards given the bearish short - term setup, but the bearish momentum is not strong from a long - term perspective, and the long - term buy signal is still justified.