Sentences with phrase «chart in a downtrend»

Not exact matches

A case in point is the line chart of the dollar index with a downtrend line.

In the H4 chart, the downtrend continues, but at the same time one can see the convergence being formed, which may indicate a possible pullback.

However, over the years, I have found the head and shoulders to be one of the more reliable chart patterns (but only in a weak or downtrending market).

In the example chart below, we can see examples of a downtrend, an uptrend and an uptrend changing to a downtrend:

The weekly chart below shows the long - term uptrend in TMF, while the daily chart that follows shows the potential breakout above the intermediate - term downtrend line.

With $ EWS, the monthly chart below shows a downtrend line in place with multiple touches of the anchor points.

As a follow - up to that analysis, the longer - term weekly chart below shows the breakout above a year - long downtrend line, along with a coinciding pickup in volume:

Inside bars are common on the daily chart in a very strong / runaway trend because the market will make a brief pause after its most recent move before shooting higher (uptrend) or lower again (downtrend).

We are looking to sell again this week, in - line with the daily chart downtrend that we can see is in place in this market.

Despite the rally, the charts still suggest that there are more troubles ahead for bulls, with the short - term downtrend clearly being intact in the major indices.

We can see an example of this in the chart below with the fakey trading strategy protruding up past the resistance level in the downtrend.

As you can see in the chart below it is above both the long - term downtrend line and the 200 - day moving average (brown line).

- Copper is putting in a meaningfully large triangle pattern on the weekly chart that comes at what looks like may be the end of a major downtrend.

Therefore, if $ EEM can rally above the short - term downtrend line annotated on the chart above, and subsequently put in a «higher low,» we might be able to grab a low - risk buy entry point as early as next week.

Starting with the weekly chart, you will see that $ EWH is testing resistance of a downtrend line that has been in place since early 2011.

A clear result of the upward trend in consumers» share of GDP (Chart 4) and declining saving rate for a quarter - century has been the downtrend in the foreign trade and current account balances.

Homebuilder sentiment is near recovery highs, yet the relative strength of the SPDR S&P Homebuilders ETF (XHB, $ 37.49) has been in a multi-year downtrend and recently began to roll - over from a lower - high, as shown in the following chart.

We can see an example of this in the chart below with the fakey trading strategy protruding up past the resistance level in the downtrend.

Inside bars are common on the daily chart in a very strong / runaway trend because the market will make a brief pause after its most recent move before shooting higher (uptrend) or lower again (downtrend).

See on the daily bar chart for the March e-mini S&P futures that prices are in a steep downtrend and on Wednesday hit a contract and multi-month low.

Yet another factor of confluence in the chart below is the downtrend itself.

The following chart has the swing highs and lows marked in both an uptrend and a downtrend.

In the example chart below, we can see examples of a downtrend, an uptrend and an uptrend changing to a downtrend:

Traders can watch the 1 hour and 4 hour charts along with the daily, for price action sell signals on any rotation back up to resistance / value, in order to trade in - line with the downtrend in this market.

In the same AUDUSD chart that we looked at above, we can see what the experience might have been like for the «bottom picker» trying to trade against the strong downtrend.

In the chart above, we can see that all retraces higher to both horizontal resistance levels and the 21 day EMA were met with selling pressure as the dominant downtrend remained intact.

The spot Gold market rotated up to the key level near 1250.00 last week but failed to maintain itself above it, creating a false break / pin bar on the weekly chart that could trigger a resumption of the recent downtrend in this market.

The Nymex crude oil futures market is in a six - week - old downtrend on the daily bar chart and the bears have the overall near - term technical advantage.

EURUSD stays in a rising price channel EURUSD stays in a rising price channel on 4 - hour chart, and the price action in the channel is more likely consolidation of downtrend from 1.5144.

There is still a stubborn downtrend line in place on the daily bar chart for December gold futures.

To use downtrend is similar to uptrend use, you simply monitor the currency chart and notice when one peek becomes higher than the previous peek, indicating a reverse in the Forex trading trend direction.

Here's an example of a false - break in the EURUSD daily chart that led to a top in the market and started a long - term downtrend:

In order to use Forex trading downtrend strategy, first glance at the hourly chart and try to figure out what the big picture is concerning the currency.

The charts of these three exchange traded funds suggest that commodities are stuck in a downtrend and it doesn't look like it will reverse any time soon.

The gold dotted line in chart below is when we started the AutoTrader, starting it in downtrend or uptrend you will catch the trend change.