Sentences with phrase «established downtrend»
X-to-A ideally moves in the direction of the overall trend, in which case the move from A-to-D reflects a short - term correction of established downtrend.
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They can also be traded as a continuation pattern when a Double High Lower close pattern is formed within an established downtrend.
When taken after an established downtrend, trading the morning star candlestick pattern can be very profitable.
A true morning star candlestick pattern is a bullish reversal signal, and therefore, only occurs after an established downtrend in price.
The market retreat on March 23 is a continuation of an established downtrend and a failure of breakout activity.
Not exact matches
In order to gain from the probable downtrend, we establish a short - position in the currency market.