Sentences with phrase «clear bearish signal»
The pair's inability to close above 1.90 was a clear bearish signal.
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The pattern should break soon, but we still advise traders to wait with short - term trades until a clear move, as short - term bullish and long - term bearish signals continue to contradict here.
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.
As far as the other indicators are concerned, the MACD is sloping downward and giving a clear sell signal, and the stochastichs are signaling a bearish bias as well.