Sentences with phrase «downtrend from»

Talking Points — Bitcoin (BTC) continues to struggle to reclaim recent losses with the downtrend from the early September high still in place.

Then after the next big upsurge of warming there was a slightly shallower / less shallower downtrend from 1940 - 1950 along with a slight uptrend from 1950 - 1980, followed by a much more pronounced uptrend 1980 - 1998.

Key resistance is located at 1.0338, only break above this level will indicate that the longer term downtrend from 1.1021 (June 24 high) has completed at 0.9917 already.

Rise towards the upper border of the falling price channel is expected later today, and a clear break above the channel resistance will indicate that the downtrend from 1.0507 has completed, then another rise to 1.0800 could be seen.

However, a break above 1.6692 will indicate that the longer term downtrend from 1.7042 (Aug 5 high) has completed at 1.5708 level already, then another rise could be seen to retest 1.7042 resistance.

As long as 1.4457 resistance holds, the price action from 1.4218 is treated as consolidation of downtrend from 1.5144 and one more fall towards 1.4100 is still possible after consolidation.

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.

The price action in the trading range is more likely consolidation of downtrend from 1.6721.

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.

Wanted to share... These are his opinions... BTW Gold is in a downtrend from a trend following perspective but that can change....

But for now, maintaining a small percentage allocation of short / bearish exposure may help to reduce overall portfolio risk by basically «hedging» until / unless the downtrend from the September 2012 highs is convincingly reversed by the formation of two «higher lows» and «higher highs» on the daily charts.

Since the Hard Fork occurred on August the 1st, Bitcoin Cash price followed a downtrend from $ 972 to $ 280 dollars.

After being in downtrend from April 2011 until September 2012, KOL is now setting up as a short - term, momentum - based bullish trend reversal play.

Not exact matches

bucked the downtrend and rose, with three - month rates rising to 0.61077 percent from 0.60846 percent and overnight rates up to 0.30923 percent from 0.30615 percent.

A respected TV financial commentator told viewers in Australia recently that the dollar index had broken out from the downtrend and the US dollar was poised to go higher.

Mike van Dulken, head of research at Accendo Markets, says in an email on Thursday morning: «Gold has been a clear winner from the US dollar's sharp sell off following the Fed's rate hike, as the precious metal halts its downtrend to post fresh two - week highs.

The four downtrend lines have a common starting point from the high of October 2012.

This will also signal a breakout from the downtrend in the dollar yen with an initial upside target near $ 1.12.

Fuel prices have been in a downtrend since June, losing nearly 50 percent of their value, on the back of a price war waged by OPEC (the Organization of Petroleum Exporting Countries) against the U.S. shale producers and as demand from China decreased amid slowing growth.

Crude oil rallied 20 percent from its 52 - week low this week, but is technically overbought and in a downtrend.

This is where our objective, rule - based market timing model really shines, as it prevents us from selling short when the main stock market indexes are still trending higher (or going long when the broad market is in a confirmed downtrend).

Short exposure (including inverse ETFs) is at its highest level, in order to profit from a downtrending market

The Trend Reversal setup is only used to identify early and developing leadership among stocks / ETFs whenever the broad market is recovering from an extended downtrend:

This is one of several reasons our market timing system shifted from «buy» to «neutral» mode on December 13, after several major indices formed «shooting stars» on their weekly charts while running into the downtrend lines from their September 2012 highs.

The virtual currency has been in an overall downtrend since Thursday, falling from a high of almost $ 7,900 and breaking below $ 7,000 on Friday.

Take a look at point «A» where the stock had the second last relief from a downtrend.

The «cup» was formed after the low of the pullback that tested the downtrend line on the weekly chart above, and the «handle» has been forming the right side of the chart pattern just below the prior highs from September of 2012:

Review the chart below: Take a look at point «A» where the stock had the second last relief from a downtrend.

Another reason we would first like to see a minor price retracement from current levels before buying is that the long - term monthly chart interval shows us that $ GLD is actually running into resistance of its downtrend line from its September 2011 high:

The iShares Dow Jones US Real Estate Index Fund (IYR) went from an uptrend to a downtrend in aggressive fashion.

This negative positioning is supportive of a dollar bounce, says Jon, not a continuance of the downtrend, from a contrarian point of view.

Tracking closely the price of bitcoin, the virtual currency has also been on a downtrend since Monday, when the price fell from a high of about $ 298.

The digital currency has been on a downtrend since late yesterday, falling from around $ 316.

After $ GDXJ pops back above its 20 - day EMA (above the $ 27.60 area), buyers should step in due to break of key moving average resistance, as well as a break of the downtrend line from the January high.

For a bearish trend (downtrend), you will do just the opposite and start by drawing a line from the highest high to the next lowest high and so on.

Zooming into the shorter - term daily chart of $ USO, we see that the ETF broke out above resistance of its short - term downtrend line (from the April 2 high) just two days ago and is holding the breakout:

Notice that the formation of the shooting star candlestick also occurred as $ SPY «overcut» resistance of its downtrend line from the September high.

In the halcyon days this was the rate of inflow every three days (it's important to note that crowdfunding amounts vary, but there seems to be a general downtrend in the market from the data we were able to collect).

# 1 Breakout from Downtrend Channel: As you can see from the daily chart of PZZA below, the stock was within a short - term downtrend channel for the pDowntrend Channel: As you can see from the daily chart of PZZA below, the stock was within a short - term downtrend channel for the pdowntrend channel for the past year.

Unlike our stock trading strategy, which focuses primarily on Breakouts and Pullbacks in uptrending markets, we afford ourselves a bit more diversity with our ETF trading strategy because we also seek to take advantage of ETFs reversing from downtrends.

In recent commentaries we've discussed the downtrend in the GBPUSD and that we were looking to sell from retraces back to resistance.

However, a close above Wednesday's high, which converges with the downtrend line from the July 1 high, could still spark a short - term pop up to the $ 114 — $ 115 area.

Similar to other cryptocurrencies, litecoin has also been in a downtrend since September 18, when the price started to drop from a high of about $ 57.

From a technical perspective the Nikkei is now trading at a 15 year high and while that might give you pause, it is also now above a downtrend line that had capped the market for 20 years.

The energy sector has rebounded sharply from the multi-year downtrend in oil prices, but has severely underperformed the S&P 500 Index this past year.

Once this happens, it indicates a possible reversal from the current short - term downtrend.

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.

Ethereum is also still in a clear short - term downtrend following the failure to break - out from the broader bearish trend.

The uptrend period is from Feb. 12, 2016, to Sept. 8, 2016, and the downtrend periods are from Dec. 1, 2015, to Feb. 11, 2016, and Sept. 9, 2016, to Dec. 31, 2016.

We are in a long term downtrend and we may end up down over 20 % from the top in coming weeks.