This trade entry decision included the uptrend and then
the bullish price action signal confirmation, the stop is placed just below the low of the pin bar
A double bottom chart pattern is a strong
bullish price action signal that occurs at the end of a downtrend.
Not exact matches
When the relative strength line is outperforming the
price action of the stock (or the Nasdaq Composite in this case), it is a reliable
bullish signal that often precedes further gains in
price.
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.
In either case, these candlestick
signals would have been a great place to take profits on a
bullish trade that you might have been in, which is how most successful candlestick traders use this particular
price action signal.
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
bullish harami candlestick pattern is often overlooked by
price action traders because it is only a moderately strong
signal.
I also saw the whole setup but as I'm also a
price action trader I relied more on the
bullish engulfing than the pinbar
signal.
Look to get long on a
price action buy
signal anywhere from 1.3990 to 1.3750 and we remain
bullish whilst above 1.3750.
Today's open hinted that
price action might not be the strong
signal to follow... We examine the psych of why today's open still shows a clear bear
signal even though we technically broke into a «reversal of trend» from bearish to
bullish on the larger time frames.
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.
This chart is still looking very
bullish and we will watch for
price action buy
signals at support levels on any pullbacks this week.
We remain aggressively
bullish this week whilst
price is above the lows of last Thursday's pin bar at 2540.00 and we will continue to look to buy on a 1 hour, 4 hour or daily chart
price action signal on any weakness.
This is generally a
bullish signal if
price action on the next day is positive.