Sentences with phrase «channel breakouts»
"Channel breakouts" refers to a trading strategy where investors or traders aim to profit from the price of an asset moving beyond a specific channel or range. It occurs when the price breaks through either the upper or lower boundary of the range it has been trading within, indicating a potential trend reversal or a significant increase in value. Full definition
They consider 21,195 distinct technical trading rules: 2,835 filter rules; 12,870 moving average rules; 1,890 support - resistance signals; 3,000 channel breakout rules; and, 600 oscillator rules.
cxoadvisory.com
A bullish rising channel breakout and a sharp rise to BTC of 0.2298 yesterday - the highest level since Nov. 13.
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.
Thanks a million times Justin, Your analysis viz - a-viz pin bars, channel breakouts, trendline analysis, candlestick pattern, horizontal lines stuffs had greatly changed my insight and mentality positively towards forex trading.
bullish momentum), this increases the probability for a channel breakout, which is co-related to daily analysis, that market will have to retrace first.