When the reverse signal does then occur, take your trade when the price moves just above
the consolidation near your support, or just below consolidation near your resistance.
If the price breaks above
a consolidation near support or breaks below a consolidation near resistance, then you have your trade signal.
You would then need to wait for
consolidation near your support / resistance.
Not exact matches
The weekly chart shows there is no strong
support or
consolidation areas between long - term historical
support near 93 and 85.
A weekly technical chart shows no strong
support or
consolidation between long - term historical
support near 93 and 85.
Investors watched for a sustained close above the upper edge of the
consolidation band
near 3,140 and this developed in the past week after a successful retest of the 3140 level as a
support level.
The current retreat's first
support feature is the upper edge of the trading
consolidation band
near 3,290.
After breaking out from a tight, seven - month long base of
consolidation, the Guggenheim Shipping ETF ($ SEA) has pulled back over the past few weeks to
near - term
support of its 20 - day exponential moving average.
Then, after four weeks of tight
consolidation near the high of its range, the ETF «undercut»
support of its 10 - week moving average just two weeks ago, but zoomed right back up to close at the highs of its range last week.
This has led to some kind of a
consolidation over the last couple of days as the prices range
near the
support region and the
On the weekly chart the strong move lower drove to the bottom of the
consolidation box and
near prior trend
support.