Sentences with phrase «bullish reversal»

"Bullish reversal" refers to a positive change in the direction of a stock's or market's trend. It means that after a period of decline, prices are now expected to rise. Full definition
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.
The multiple bullish reversal candles are a clear indication that bullish momentum is finally starting to dominate.
This entry looked good with a nice bullish reversal bar as the signal bar.
Hence, a long - term bullish reversal is still not confirmed.
Over the past five sessions, the stock market has begun showing signs of a potential bullish reversal.
Take note of any possible bullish reversal price pattern that may develop, but wait for other custom indicators for exit or take profit confirmation.
However, by the closing bell, the market had staged an impressive bullish reversal.
Looking at the technical charts, bitcoin has seen a major bullish reversal pattern today.
Now, we would ideally like to see the price action retrace down to its 200 - day moving average and form some sort of bullish reversal candlestick pattern.
Nevertheless, even if the best scenario does not play out, we at least want to see some type of bullish reversal candle before buying because it would confirm near - term momentum has returned to the bulls.
The bullish harami candlestick pattern is, as mentioned earlier, a moderately strong bullish reversal signal.
Stocks followed through on the previous session's bullish reversal attempt with an impressive round of gains yesterday (April 1).
When a stock demonstrates bullish reversal action after bouncing off a level of support (the 20 - day exponential moving average in this case), it will often enter into one or two days of tight price consolidation.
An inverse head and shoulders chart pattern is a strong bullish reversal signal.
The main point is that the count starts on the first big bullish reversal day that follows a correction, and the count remains just as long as the index holds above the low of the reversal day.
Furthermore, both the small - cap Russell 2000 and NASDAQ Composite printed bullish reversal candlesticks on higher volume yesterday.
Another possible momentum setup is iShares Small - Cap Russell 2000 ETF ($ IWM), which printed a decent bullish reversal candle on August 4, but has not yet followed through to the upside (each of the past two sessions stalled above the prior day's highs).
From here, the most ideal entry would consist of an «undercut» of the 50 - day moving average, followed by a wide - ranged bullish reversal candle.
If the red line of RVI MT4 indicator surges above the 0.00 level during a sell signal, it is an indication of a looming bullish reversal, hence an exit or take profit is advised.
The inverted hammer candlestick pattern is a weak bullish reversal signal.
ex4 custom indicator surges above the 0.00 level while a sell signal is being observed, it is an indication of a possible bullish reversal i.e. a trigger to exit or take at once.
Double Low Higher Close is another classic bullish reversal pattern loved by Price Action traders.
The use of a harmonic price pattern also identifies the area near $ 11,000 as a potential reversal zone, with the potential bullish reversal point being $ 11,280.
This information alone should at least help you to look for support levels to hold rather than break, and more importantly to anticipate bullish reversals.
The higher volume that followed over the past two weeks is bullish because each of the two bullish reversal candlesticks that formed.
The cryptocurrency scaled the $ 9,000 mark on Tuesday, signaling a short - term bullish reversal.
Because of yesterday's bullish reversal action and increasing relative strength of the small - cap Russell 2000 Index, we are placing Direxion Daily Small Cap Bull 3X ETF ($ TNA) on today's «official» swing trade watchlist.
A breach of the descending trendline followed by an inverse head - and - shoulders breakout (bullish reversal pattern).
$ INVN and $ IRBT are also holding up pretty well, while $ FB appears to have formed a significant bottom by following through on last week's bullish reversal candle.
Bucking forecasts and staying surprisingly weak for much of 2017, the greenback could be due for a bullish reversal in the event of hawkish expectations.
If you missed the most recent leg of the rally and have been waiting for a substantial pullback to start buying stocks, consider waiting for a bullish reversal pattern to form as the major indices test support.
The 10 - week moving average crossed above the 40 - week moving average as well, which signals a bullish reversal of trend is under way.
Furthermore, the «hammer» candlestick pattern that formed when on October 22 was slightly encouraging because a bullish reversal bar that coincides with an «undercut» of an obvious support level often precedes a rally.
Rather, we must now wait for the formation of a bullish reversal candlestick within the next several days, then look to buy TMF above the previous day's high, which would confirm the pullback off the highs has ended, and TMF is likely to resume its bullish trend reversal.
Now, it has pulled back to near - term support of its 20 - day EMA, but probably needs another day or two to either «undercut» support of the 20 - day EMA, or at least form a bullish reversal candle, before we would look for an actual re-entry point into this ETF.
On the weekly chart of $ JO below, note the volume spikes that accompanied the bullish reversal back above the 40 - week moving average:
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.
A follow - through day occurs when one of the main stock market indexes gains at least 1.3 %, on higher volume, on or after the fourth day of a bullish reversal attempt off the lows.
That price action caused a bullish reversal candlestick to form on the weekly chart (highlighted in yellow), and volume ticked higher as well.
The very next day, the S&P 500 «undercut» that area of support on an intraday basis, but formed a bullish reversal candle to close above it.
This resulted in the formation of a bullish reversal candlestick, which is shown on the daily chart below:
If it does not trigger, or at least form a bullish reversal bar, in today's session, we will probably remove it from our ETF newsletter watchlist on Monday.
When prices are showing a strong downtrend, a bullish reversal candle can help to create solid opportunities for CALL options.
The other benefit of a stock that gaps down, but closes with a bullish reversal candlestick, is that it makes it easier for us to clearly define our stop price just below the low of the reversal bar.
A bullish reversal or bottom reversal pin bar formation can be called a «long wicked hammer», «long wicked doji», or «long wicked dragonfly».
This means that price could continue going downwards for some time, until there is a weakness in the Yen, which may force a bullish reversal that would eventually cause a change in the market.
Coming into today, we had a buy trigger in the Wagner Daily newsletter on SOXL just above the January 31st high (Our buy signal was based off the bullish reversal candle of January 30th).
When a bullish reversal candle forms after a stock or ETF has «undercut» a key level of support, we refer to this type of buy entry as a pullback entry (which is one of the preset technical scans on our new technical ETF and stock screener).

Phrases with «bullish reversal»

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