Sentences with phrase «during retracements»

With trailing stop loss points, you can effectively prevent yourself from exiting a position too early during a retracement and exit a reversal in a pinch.

Not exact matches

During the upside move, the price broke the 61.8 percent Fib retracement level of the last wave from the $ 625 low to $ 725 high to open the doors for an upside move.

During the decline, there was a break below the 50 % Fib retracement level of the last leg from the $ 0.7560 low to $ 0.9090 high.

But look closely — during that time period, there was a 50 % retracement, from about $ 200 / ounce to $ 100 / ounce.

Base metals prices increased by around 7 per cent over the three months to April, although there was some retracement during April.

Let's examine the 4 hour BTCUSD chart from Bitfinex, while keeping the Fibonacci retracement we plotted during last week's analysis and plotting the Bollinger bands, Willams Alligator and MACD indicator (look at the below chart).

Bitcoin price surged last week to record a week high of $ 4,470, after testing the 23.6 % Fibonacci retracement, as we expected during last week's bitcoin price analysis.

It is often difficult to find a technical backdrop during periods of extremely high volatility, but in the case of the Netflix chart, the Fibonacci retracement levels provide some context.

I wouldn't consider any downward movement during an uptrend to be more than a retracement unless it consists of 3 or 4 strong bearish candlesticks (or perhaps 2 very large candlesticks) or a series of lower highs and lower lows (which occurred after our pattern).

Sometimes you can even profit from these patterns during small retracements (notice the first trade on the left).

With all of the significant highs and lows during the day and over the previous few days, there are probably 40 or more Fibonacci retracement and extension levels that you can find.

For instance, the bearish divergence (red) in the image above barely qualifies, because there were such small retracements in price during that uptrend.

In fact, during this Secular Bull Market since 2013 we've already had a 14 % retracement in 2015/2016 on the DJIA and S&P 500, and an 18 % fall on the NASDAQ.

During the upside move, the price was able to break the 38.2 % Fib retracement level of the last decline from the $ 642 high to $ 580 low.

The 23.6 % Fib retracement level with the last swing high of $ 715 and a low $ 602 could not hold the price during the declines.

The 38.2 % Fib retracement level with the last swing high of $ 716 and a low $ 625 acted as the support during the minor decline.

Polish and Czech P2P bitcoin trading established record volume during the weeks of the 9th and the 16th of December, before experiencing a retracement heading into the week of the 23rd of December.

The 61.8 % Fib retracement level with the last swing high of $ 9,135 and a low of $ 7,369 will act as a resistance level during upside gains above the pivotal $ 8,000 level.

During the decent today, the price broke below the 38.2 % and the 23.6 % Fib retracement levels with the last swing high of $ 22.7 and a low of $ 18.2.

The retracement has resulted in the entire market giving back most of the of the gains made during the run - up.

The same level will act as resistance during upside retracement at $ 935.

During the descent Bitcoin Cash price broke below the 61.8 % Fibonacci retracement level with the previous swing high of 1,082 and a low of $ 842.

However, the pair consolidated right below the upper band of the Ichimoku cloud and the 23 % Fibonacci retracement level of 470,000 during Thursday's early New York session.