Sentences with phrase «high during an uptrend»

The head and shoulders chart pattern is a strong bearish price action pattern that occurs when the market makes the first lower high during an uptrend.

Not exact matches

Ethereum price continued rising along the uptrend line that has been evident since the second week of April, to score a day high of $ 770 during Thursday's trading sessions so far.

Ethereum price continued rising along the uptrend line that has been evident since the second week of April, to score a day high of $ 770 during...

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).

Hidden divergence typically compares price action higher lows in price with price during an uptrend.

Notice how the pair formed higher highs and higher lows during the uptrend.

During an uptrend, you could take a bearish position near the swing high because you expect the stock to retrace and go back down.

During an uptrend, closing price tend to be high, while during downtrends prices closDuring an uptrend, closing price tend to be high, while during downtrends prices closduring downtrends prices close low.