Sentences with phrase «continuation of a downtrend»

Not exact matches

The market retreat on March 23 is a continuation of an established downtrend and a failure of breakout activity.

In the worst case scenario LBC / USD could get back to $ 0.15 form a double bottom, but it doesn't seem like the downtrend is valid, and chanced of growth are much higher than the downtrend continuation.

At this position whether we have to wait for the confiirmation of the uptrend continuation or we have to decide tat the trend ends up and the downtrend started?

If price action breaks above current session highs in an uptrend OR breaks below current session lows in a downtrend from that 2 pm EST zone, expect a strong continuation of the directional trend into the final hour and / or closing bell.

I anticipated the emerging downtrend with razor - sharp precision, the pullback of it and riding the stops of trapped traders, then a small halt at lower SR level and based on previous strength, it's breakout, then very weak pullback and breakout continuation...

Descending triangle is typically a bearish continuation pattern formed during a downtrend, but there are instances when descending triangles form as reversal patterns at the end of an uptrend.