Sentences with phrase «bullish patterns above»

If you choose «True», the indicator will mark bullish patterns above the EMA and bearish patterns below the EMA.

Not exact matches

Furthermore, that level is the top line in an «ascending triangle» pattern, so a break above that level would prove quite bullish on a technical basis.

If this bullish chart pattern is to continue tightening up and forming higher swing lows, then the price action should continue holding above the 20 - day EMA.

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.

Now, $ YCS is back above both its 10 and 40 - week moving averages, as it pops its head above resistance of a 6 - month downtrend line on increasing volume and with a bullish reversal pattern.

Yes, we have seen a few market leaders break down, such as 3d Systems Corp ($ DDD) or Ocwen Financial Group ($ OCN), but the majority of leading individual stocks are still holding above their 50 - day moving averages and trending higher (or forming bullish basing patterns).

Based on the short - term chart pattern, the next resistance level is 248.00 The short - term chart continues to remain bullish as long as SPY stays above 242.55.

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).

The above image shows an example of an Ascending Triangle Pattern that resulted in the stock eventually breaking through resistance and having a nice bullish run.

Even though bitcoin price dropped for around $ 263 below this crucial support level, price rose above it during the next trading session and a «bullish engulfing» pattern was formed signaling reversal of the downtrend.

In the example above, we got a nice bullish engulfing candlestick pattern right on the support line.

The second large candlestick in the strong bullish move that preceded our hanging man candlestick pattern made a huge move upward, but the market rejected price at those levels (see the image above).

In the example above, we took a bullish engulfing candlestick pattern as our entry.

The example above is a bullish cypher pattern.

For instance, the examples above show bullish harmonic cypher patterns in which the AB legs have moved below the 61.8 % Fibonacci retracement levels.

As you can see from the image above, this indicator highlights bullish reversal patterns after bearish price movements and bearish reversal patterns after bullish price movements.

This pattern consists of a relatively large bearish candlestick, followed by a bullish candlestick that closes somewhere above the 50 % mark of the preceding candlestick's real body (see image below).

In the example above, you would have put your stop loss under the low of the second, bullish candlestick in the pattern.

In other markets, the bullish candle should open below the preceding bearish candle (as seen above under Non-Forex Piercing Pattern).

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.

Above all, remember that you need three characteristics for a bullish engulfing pattern to be considered tradable.

Bullish candlestick pattern alert are displayed below price bars in blue print, while bearish alert are displayed above price bars in red print.

In the image above, you will see a small bearish movement in price, followed by a bullish engulfing candlestick pattern.

You would need a candle to pierce and then close back above the low, making bullish a candlestick (or the first candle in a bullish pattern) in the process.

Shortly, if this pattern is bullish, requires the triangle end to come above its own start.

A Piercing candlestick pattern occurs when a green bullish candlestick (close above open) on the second day closes above the middle of the first day's bearish candlestick (close below open).

BTC / USD formed a bullish engulfing candlestick chart pattern, with the Tenkan line crossing above the Kijun line on Ichimoku Kinko Hyo's standard setup.

With the breakout above the downtrend line, the cryptocurrency has invalidated the bearish descending triangle pattern, which is a bullish sign.

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