Sentences with phrase «bullish breakout above»
A bullish breakout above the previous consolidation zone between 1.2400 and 1.2800 was performed on July 15 (shown on the weekly chart).
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On December 7, a bullish breakout above 1.3450 (the upper limit of the recent consolidation range) enhanced the bullish side of the market.
The Aussie offers many short - term trading opportunities within the context of a longer - term bullish breakout above $ 0.775.
Not exact matches
A rebound above 124.5 is a strong bullish signal and confirms the falling wedge breakout.
The bullish price action sets the groundwork for a breakout at 2 - year resistance just above $ 3.00.
As you can see, $ USO has failed to hold above its 10 - day MA over the past week, which is a sign that bullish momentum from the recent breakout is fading.
The weekly volume pattern leading up to the breakout above resistance was bullish, with two strong weeks of accumulation (higher volume gains) in early January.
Combined with the breakout above the nine - year downtrend line, this price consolidation and base building is bullish.
However, a breakout of the bottom and therefore a bullish confirmation does not occur until there is a rally above $ 175.00.
The daily chart also gives us a view that suggests that XRP was likely to close (as at 5 March) above $ 1.04329 (descending trend - line resistance on the daily chart), signaling a bullish breakout on the charts.
The weekly chart below shows $ UNG zooming above the breakout pivot, which is always a bullish sign:
A breakout above the one - month downtrend line will trigger a new bullish signal, and the LTC / USD pair could then accelerate its advance.
It's worth noting that, despite its name, this pattern is only seen as a bullish sign if we see a breakout above the top of the flag (currently near 1180).
We can use a breakout signal and pending orders placing above the bullish candle in order to catch possible price movement on time.
The candlestick chart above illustrates price breakout close to the opening of the forex trading session shown by the white circle to the left in addition to a bullish rejection bar that created an unconnected pattern that didn't present an opportunity for a stop - and - pop trading opportunity represented by the circle in the right.
It will be important for this sector to breakout above the recent highs trigger this bullish inverse H&S.
With the breakout above the downtrend line, the cryptocurrency has invalidated the bearish descending triangle pattern, which is a bullish sign.
Bitcoin (BTC) picked up bid yesterday following a bullish breakout on charts and rose above $ 9,000 in a convincing manner.
What makes the lackluster price action even more unusual, though, is the fact that just a week ago, the cryptocurrency, known for its governance and privacy features, looked primed for a retest of record highs above $ 400 courtesy of a bullish falling channel breakout.
Bitcoin price made a significant bullish breakout and finished the day above critical resistance level produced by the long - term downside trendline.
The chart above shows a «bull flag breakout» — a bullish continuation pattern generally found in uptrends.