Sentences with phrase «bullish price action for»

What could have been a disaster ended up being relatively bullish price action for the market.

Not exact matches

Now that you've seen the bullish price action subsequent to the breakout, let's take a more important look at the technical trading criteria that preceded the breakout, which then prompted us to buy the ETF for swing trade entry.

These stocks can be held for a few days to a few weeks (as long as the price action remains overly bullish).

The bullish price action sets the groundwork for a breakout at 2 - year resistance just above $ 3.00.

However, although such price action is bullish, the daily chart pattern presently does not yet provide us with a clearly defined buy entry point and level for setting a stop price.

«Bitcoin price staged a strong rally to break past the short - term channel top and aim for the longer - term resistance... Buyers are taking control of bitcoin price action... Moving averages are in line with the 4 - hour bullish channel support at $ 610, adding to its strength as a floor.

When you learn how to interpret subsequent price action that follows the touch of a 20 - EMA, this stellar indicator can be used by swing traders as the proverbial «line in the sand» for knowing whether or not a trend is maintaining very bullish momentum.

Although the daily chart is useful for seeing short - term trends, trade setups on the monthly timeframe can be more explosive, especially when they align with bullish price action on the weekly and daily chart intervals.

Nevertheless, a lot could change for the better with just a few days of convincing, bullish price action.

For bullish chart patterns, we are always looking for the price action to tighten up within a base of consolidation, and we are now seeing that with the price action finding support at the 50 - MA in late December, and potentially finding support at the 20 - day EMA this weFor bullish chart patterns, we are always looking for the price action to tighten up within a base of consolidation, and we are now seeing that with the price action finding support at the 50 - MA in late December, and potentially finding support at the 20 - day EMA this wefor the price action to tighten up within a base of consolidation, and we are now seeing that with the price action finding support at the 50 - MA in late December, and potentially finding support at the 20 - day EMA this week.

I prefer to use price action signals like the hammer (with confirmation and pullback) or bullish engulfing pattern as an entry trigger for this pattern.

This flattening price action with regards to sentiment is a bearish sign for the Euro and bullish sign for the USD.

We remain bullish on any pull backs whilst above that support range and will watch for price action buy signals and can expect a move up through recent highs near 1360.

The put options as examined previously should have shorter expiration date when compared to the call options in order to follow as the wave c, that is an impulsive move and it should travel faster than the actual follow move and in addition to all this, since this is a bullish pattern it should be followed by the price action for the bullish pattern.

When trading price action, you want to look for bullish pin bars at support and bearish pin bars at resistance.

We remain bullish whilst above 1300.00 and will be watching closely this week for 4 hour or daily chart price action buy signals within this zone.

We remain mildly bullish in the near - term and we could see the market move down to re-test support near 1295.00 — 1306.00 key support zone where we would be watching closely for price action buy signals to get long.

For example, if you are long the market and you get a bullish pin bar or consecutive bullish pin bars that form in the context of the uptrend you are trading you can be reassured by this price action because it «agrees» with the direction you are trading.

Price Action Tracker detected a bullish false - breakout pattern and suggested to wait for a break of 0.7741 to confirm bullish sentiment.

This chart is still looking very bullish and we will watch for price action buy signals at support levels on any pullbacks this week.

This forex scalping strategy consists of an easy to read buy / sell arrow indicator and trading oscillator which oscillates above and below 0.00 for bullish and bearish price action.

What I am looking for on the 4 Hour chart is a Pinbar, Bullish Engulfing or another price action confirmation.

A price action analysis of the BTC / USD reveals that the digital currency is poised for a bullish breakout following a solid weekend of trading.

«Bitcoin price staged a strong rally to break past the short - term channel top and aim for the longer - term resistance... Buyers are taking control of bitcoin price action... Moving averages are in line with the 4 - hour bullish channel support at $ 610, adding to its strength as a floor.

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.