Sentences with phrase «bull flag pattern»

An upside break of the bull flag pattern as seen on the chart above indicates the continuation of the rally from $ 161 (August 13 low).

The previous day's bullish outside day candle adds credence to Friday's bullish hammer candle and suggests BCH will likely see an upside break of the bull flag pattern (seen in 1 - hour chart) and move towards the falling channel resistance of $ 1,200.

BCH / USD within recent trading has made a break to the upside, out of the bull flag pattern observed on the 1 - hour chart.

After this move, the price is now currently sitting on the upper trend line of the initial bull flag pattern.

Similarly, the relative strength index on the chart, confirms the bull flag pattern and therefore the price could move into the bullish trendline.

Bitcoin price is developing a bull flag pattern on the intraday chart which means that an upside momentum above $ 8,300 would be a signal of the relief rally from the lows recorded on Wednesday of $ 7,665; open the gates for the price to trade above $ 9,000 again.

Technically, BCH / USD is moving within a bull flag pattern on the 4 - hour view, being contained current by the 100 MA and much resistance at the $ 1,000 mark.

BCH / USD had formed a bull flag pattern on the 1 - hour chart, which it managed to break out of, the moved picked up pace as it went through $ 1230, the above trend line.

If the «Bull Flag Pattern» is spotted on the activity chart, it signals an uptrend continuation pattern, and we'll be looking to price to break above the upper trend line.

The daily chart of $ AMD below shows the bull flag pattern that enabled us to list the stock as a Wagner Daily buy setup:

Bull flag breakouts are momentum - driven, so we typically look for the price action in a bull flag pattern to move sharply higher within just 5 to 10 days of our buy entry.

Conversely, we may be more inclined to enter with larger share size if a bull flag pattern first develops from here instead, as that would increase the odds of follow - through to the upside.

However, since the bull flag pattern did not follow - through to the upside, we maintained a very tight stop on the additional shares, which we closed for a tiny loss of 1.6 % on August 2.

Not exact matches

On the longer - term weekly chart, we clearly see the Nasdaq has been forming a bull flag chart pattern.

Thereafter, $ TAN appeared to be forming a bull flag chart pattern, which prompted us to add to the position on July 22 (at $ 27.91).

Double Bottom Bull Flag, a horizontal pattern that contains a DoubleBottom and forming after a possible bottom

Below, we have annotated the bull flag chart pattern that we were anticipating to subsequently develop after exiting the trade on October 2:

When a stock or ETF is forming a bull flag chart pattern and then gaps down sharply, it has the effect of washing out the «weak hands» who sell a position that the first hint of trouble.

This is healthy price action and has led to the formation of a «bull flag» type pattern on its daily chart.

After thrusting off support of the 50 - day moving average on heavier than average volume, $ AMD formed a bull flag continuation pattern.

Uptrend support being broken is a bearish sign, but the rectangle pattern looks like a bull flag.

Aside from technical chart patterns such as the head and shoulders or bull and bear flags, these candlesticks can offer you a chance to understand the sentiment that's driving -LSB-...]

So for the bulls to have any case what so ever, they need to break this pattern of failed bull flags.

BCH has created a bull flag, a bullish continuation pattern, meaning an upside break would signal the continuation of the rally from the Friday's low of $ 914.

The chart above shows a «bull flag breakout» — a bullish continuation pattern generally found in uptrends.

Also read: Onward and Upward: Bulls Still Charging as Bitcoin Price Touches $ 750 Bitcoin Price Technical Analysis Long - Term Analysis Prices had performed a premature lateral sideways market, originally estimated at a higher level and built a big flag pattern.