Sentences with phrase «bullish continuation»
"Bullish continuation" is a phrase used in financial markets to describe a situation where the price of a stock or asset is expected to increase even further after a temporary pause or consolidation. It suggests that the upward trend is likely to continue. Full definition
A bit of bullish continuation signal can also be seen on the 1 - hour time frame and a candle closing past the latest highs around $ 3950 - 70 could confirm that more gains are underway.
dailybitcoinnews.com
This may precede a period of relative stability over the next three months, followed by bullish continuation to $ 1,789 - $ 2,100 by year's end» Read the full article here!
«This tends to be a bullish continuation pattern to the upside,» he said.
I will not enter a bearish breakout trade with this set - up as it is clearly a bullish continuation pattern.
Features Predicting Short - Term Trends: The Cup - With - Handle Pattern Technical Analysis: The cup - with - handle is a bullish continuation pattern that is formed by a corrective movement in price — the handle — which follows an upward trend in prices.
Technical Analysis: The cup - with - handle is a bullish continuation pattern that is formed by a corrective movement in price — the handle — which follows an upward trend in prices.
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.
From there we will have to reassess the market conditions, but for now, I have very little confidence in a bullish continuation.