Sentences with phrase «formed bearish»

Technically, BCH / USD has formed a bearish pennant pattern observed on the daily time frame, support of the lower trend line currently tracking around $ 625, where the upper resistance is seen at $ 680.

Instead, the market could not overcome the resistance at the ascending median line, but instead the market formed a bearish TR (trend reversal) pattern sequence that signalled a trend shift.

The Canadian dollar formed a bearish TR swing pattern after posting a major high on the April 22nd reversal date and turned lower in front of the May 6th meltdown and subsequent drop to 9293.

The late - week price action has formed a bearish pennant pattern on the daily chart.

The NZDUSD formed a bearish pin bar reversal signal back on January 24th up near 0.7430 key long - term resistance, a potential sell signal as we highlighted in our members commentary that day.

Sure enough, two months later the market has rallied back to the 1.005 confluent resistance area and formed a bearish pin bar in the process.

Even if the daily TF has formed a bearish pinbar, the 2 hour TF is in a down trend but the bullish engulfing candle shows a reversion to the mean.

NEO has formed a bearish descending triangle pattern, which will complete on a breakdown and close below $ 65.

All the major indices closed well off session highs or formed bearish reversal candles on higher volume as well.

Yesterday, the S&P Select Sector Technology SPDR ETF (XLK) formed a bearish reversal candle on an increase in volume.

From there, $ LULU may form a bearish base at the lows OR bounce into resistance of the declining 10 - week moving average (similar to the 50 - day moving average).

This caused the ETF to give back most of its morning advance and form a bearish reversal candlestick on its daily chart.

However, price did form a bearish pin bar on Thursday, reversing at a key long - term resistance area up near 1.2540, visible on the weekly time frame.

If the Candlestick Recognition Master custom indicator forms a bearish candlestick price action pattern above price bars, it is a trigger to sell.

If the Candlestick Recognition Master custom indicator forms a bearish candlestick price action pattern above price bars, it thus denotes a trigger to exit or take profit.

Notice where the market found support again after forming the bearish pin bar — the 23.6 Fibonacci level.

However on the bigger picture we still have a lower high despite the big rally so it will be interesting to see if the Russel can continue to build on this move or if it is forming a Bearish right shoulder.

Daily Chart — It seems that there's a great probability of such happening, as price action has recently just broken previous structure low ~ forming a bearish trend.

If three consecutive bullish bars form a bearish pullback pattern as shown on fig. 1.1, a bears a market is in place.

Sellers are once in control and the price seems to be forming a bearish structure.

Not exact matches

This typically comes in the form of either a bearish reversal bar (such as a bearish engulfing or hanging man candlestick pattern) or sharp opening gap down, which signals the short - term bounce is losing steam.

Similarly, a higher high formed by the share price, but with a lower high formed by the RSI will indicate that the share price trend is about to turn bearish.

In our December 14 ETF trading commentary, we pointed out the bearish shooting star candlestick pattern that S&P 500 SPDR ($ SPY) formed on its longer - term weekly chart interval.

One of those five reasons was the formation of a bearish «head and shoulders» pattern that was forming on the chart of QQQ key to at the time.

If the NASDAQ breaks below its April 15 low before getting above last week's high, the index will have formed a «lower high,» followed by a «lower low» on the weekly chart, which would confirm a bearish trend reversal.

There is a tiny connecting bearish trend line forming with resistance at $ 0.8800 on the hourly chart of the XRP / USD pair (data source from Kraken).

So, there are still two possible future scenarios - bearish that will lead us below February low following trend line breakdown, and the bullish one in a form of medium - term double top pattern or breakout towards 3,000 mark.

Key HighlightsETH price started an upside move and recovered above the $ 640 resistance against the US Dollar.There is a major bearish trend line forming with resistance at $ 674 on the hourly chart of ETH / USD (data...

Key PointsBitcoin cash price started a recovery and traded above the $ 1,300 level against the US Dollar.There is a key connecting bearish trend line forming with resistance at $ 1,365 on the hourly chart of the...

An ominous bearish Triple Top has formed in Dow / T - Bond ratio.

There are two bearish trend lines with resistance near $ 303 forming on the hourly chart of ETH / USD (data feed via SimpleFX).

There is a new bearish trend line forming with current resistance at $ 0.2040 on the hourly chart of the XRP / USD pair (data source from Kraken).

There is a bearish trend line forming with resistance at $ 293.80 on the hourly chart of ETH / USD (data feed via SimpleFX).

In the chart example below, we can see a bearish pin bar sell signal that formed at a key level of resistance in the EURUSD.

Fast forwarding to one month later, $ QQQ has grinded all the way back to test the «head» of the chart pattern, thereby decreasing the odds of the bearish pattern following through to the downside (but now creating the possibility of a double top being formed).

There is a major bearish trend line forming with resistance at $ 27.00 on the hourly chart of the ETC / USD pair (Data feed via Kraken).

In my April 28 blog post, I pointed out the bearish head and shoulders chart pattern that was forming in $ QQQ (NASDAQ 100 ETF).

Ethereum is still under pressure and is formed a gravestone doji which is a bearish candlestick formation which suggests we could hit new trend lows below $ 350.

So, if for example, an inside bar setup false - breaks to the upside, forming a «bearish» fakey pattern, the implication is that price may continue moving lower, opposite to the direction of the initial breakout.

Finally, the last setup we will look at was a bearish pin bar that formed on Tuesday of this week (June 14th).

Now, this setup was definitely more advanced because it was against the recent bearish momentum, however, given the obvious false break and the consecutive inside bars that followed, forming above support, it was a valid price action setup worth taking.

A bearish engulfing pattern may indicate a forex reversal pattern when formed in -LSB-...]

The bearish engulfing candlestick pattern formed on the mid-point (50 % retracement) of the strong bear trend bar which provided resistance.

The GBPUSD moved higher last week despite a bearish pin bar that formed on Wednesday.

The two bars before it formed a Dark Cloud Cover pattern which is bearish.

After the strong bearish plunge, the market rose sharply, forming a V - shaped reversal.

Once you've established a good resistance level, you can look for bearish candlesticks patterns, like the shooting star, forming at or near the level.

A bearish Pin Bar forms, but the top shadow is quite short.

Based on the size and the nice bearish close exactly at the low of this pin, you would have thought at the time that price would immediately start falling after this pin bar formed.

In the chart example below, we can see a bearish pin bar sell signal that formed at a key level of resistance in the EURUSD.