Sentences with phrase «downtrend line shown»

Therefore, the prior downtrend line shown on the weekly chart below should provide substantial support for EEM:

Now that $ SMH has finally broken out to a new 52 - week high, the breakout above the nine - year downtrend line shown above is becoming confirmed.

Therefore, if TMF manages to breakout above its 50 - day MA, it will have broken out above the downtrend line shown on the second chart, which should enable it to resume its dominant uptrend shown on the first chart.

Not exact matches

But the recent bounce in the dollar shows that it has broken the downtrend line and is actually finding a key level of technical support around the 90.00 level.

Either way, $ RP may present an ideal buy entry on a breakout above the high of the short - term downtrend line (not shown) that has started forming off the August high.

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.

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 -LSB-...]

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:

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:

Trend lines are excellent for learning and identifying uptrends that show prices going higher with less downturn and downtrends that show prices getting lower with less upturn.

Forex trading Trend lines can show a direction up, down or lateral, and they are seen by drawing a straight line above the daily highs in a downtrend and a straight line below the daily lows in an uptrend.

By applying the same technique to a sine - wave (which the audience had agreed exhibits a zero trend), it is possible to show either a rapidly - accelerating uptrend or a rapidly - plummeting downtrend, depending on the choice of endpoints for the trend - lines on the data.

Natural gas broke below the Red and Yellow indicator lines and should be shorted because it is in a downtrend currently My custom support resistance indicator lines show decent places to enter or exit.