Sentences with phrase «established swing low»

The coin is currently testing the upper boundary of the pattern, and another leg higher in the trend is likely after establishing a swing low near the $ 0.20 level.

Not exact matches

After the higher swing low was established in the first half of December, the next step was to look for a tight then look for a tighter, shorter - term price range to develop just below resistance of the highs of the base.

We might be able to establish a small position before the obvious breakout level if the price action forms a higher swing low.

Most of the currencies are now in correction mode, and the coming week will be crucial, as a higher swing low followed by another leg higher would establish a new short - term uptrend.

The beginning and end of each swing is established by structural price pivots, which form swing highs and lows.