Sentences with phrase «highs in a downtrend»

A trend line uses three anchor points created by the peak highs in a downtrend, or the valley lows in a uptrend.

Forex trading Trend lines can show a direction up, down or lateral, and they are seen by drawing a straight line above the daily highs in a downtrend and a straight line below the daily lows in an uptrend.

Not exact matches

A respected TV financial commentator told viewers in Australia recently that the dollar index had broken out from the downtrend and the US dollar was poised to go higher.

Mike van Dulken, head of research at Accendo Markets, says in an email on Thursday morning: «Gold has been a clear winner from the US dollar's sharp sell off following the Fed's rate hike, as the precious metal halts its downtrend to post fresh two - week highs.

This is where our objective, rule - based market timing model really shines, as it prevents us from selling short when the main stock market indexes are still trending higher (or going long when the broad market is in a confirmed downtrend).

The stock bounced to $ 8.05 in 2010 and tested that resistance level in 2013, bringing a reversal and downtrend that posted the second higher low of the 10 - year period in January 2016.

Short exposure (including inverse ETFs) is at its highest level, in order to profit from a downtrending market

Mannkind, which focuses on the development and commercialization of inhaled therapeutic products for patients with diseases such as diabetes and pulmonary arterial hypertension, entered a shallow but persistent downtrend in 2004, posting a series of lower highs into 2015.

The virtual currency has been in an overall downtrend since Thursday, falling from a high of almost $ 7,900 and breaking below $ 7,000 on Friday.

While this week's price action was certainly a step in the right direction (so far), both the NASDAQ and Russell 2000 are now in «no man's land» because the indexes are back above resistance of their 20 and 50 - day averages, yet still must contend with resistance of their prior highs and short - term downtrend lines that have formed.

The Direxion 30 - year Treasury Bull 3X ETF ($ TMF), an index that tracks the performance of long - term US government T - bonds, has been in a long - term uptrend since February of 2011, but has been in an intermediate - term downtrend (correction) off its highs since July of 2012.

If $ SMH can set a higher swing low and close above Monday's high on a pick up in volume, then it may attract enough buying interest to break the short - term downtrend line and test the highs of the base:

Inside bars are common on the daily chart in a very strong / runaway trend because the market will make a brief pause after its most recent move before shooting higher (uptrend) or lower again (downtrend).

We prefer lower risk entry points, so we look to build a position much earlier in the base using a combination of downtrend line breakouts, higher swing lows, and the 50ma.

If the price change is moving higher with time, presume an uptrend, in the case where it's moving lower with time assume a downtrend, if prices are going sideways or explicitly range bound the trend is said to be sideways.

Coffee prices are still trading under their 20 and 100 - day moving average as the trend is lower and the downtrend line remains intact as that will not be broken until the five week high is broken so keep a close eye on this market as we could be involved in next week's trade.

After $ GDXJ pops back above its 20 - day EMA (above the $ 27.60 area), buyers should step in due to break of key moving average resistance, as well as a break of the downtrend line from the January high.

In a downtrend, prices open lower and then close higher.

Nevertheless, each of the cryptos remains in downtrends awaiting further confirmation of strength that could lead to a sustainable progression higher.

So, in a downtrend like we see below, the stop loss would be just above the tail of the pin bar, when I say «just above» that can mean about 1 to 10 pips above the high of the pin bar tail.

For example, now that the broad market is in a confirmed downtrend (at least two «lower highs» and «lower lows» have been set), we are NOT interested in going long (buying) counter-trend bounces into resistance of downtrending stocks.

The German index is still stuck in a clear downtrend as the European common currency it a new two and a half year high against the Dollar.

You see that the Dow began outperform the SPX / Naz starting Tuesday, July 25th, after AMZN reported an unexpectedly huge earnings miss (the plunge in the green line), the SPX and Naz entered a downtrend while the Dow continued higher.

Similar to other cryptocurrencies, litecoin has also been in a downtrend since September 18, when the price started to drop from a high of about $ 57.

Yesterday, on a spike in volume, the ProShares Ultra Dow Jones - AIG Crude Oil ETF (UCO) broke above its recent downtrend line and set a new 4 - day high.

Therefore, if $ EEM can rally above the short - term downtrend line annotated on the chart above, and subsequently put in a «higher low,» we might be able to grab a low - risk buy entry point as early as next week.

Although the S&P 500 is easily within striking distance of breaking out to a fresh 52 - week high any day now, the NASDAQ Composite remains below pivotal resistance of its 50 - day moving average and stuck in a 2 - month downtrend.

Homebuilder sentiment is near recovery highs, yet the relative strength of the SPDR S&P Homebuilders ETF (XHB, $ 37.49) has been in a multi-year downtrend and recently began to roll - over from a lower - high, as shown in the following chart.

In the worst case scenario LBC / USD could get back to $ 0.15 form a double bottom, but it doesn't seem like the downtrend is valid, and chanced of growth are much higher than the downtrend continuation.

The US Dollar Index continues to move sideways in the downtrend while US Treasuries climb higher.

A market in a strong downtrend should make lower highs on pullbacks.

In the image below, we can see a pin bar setup which formed after the market began moving higher after a reversal of its previous downtrend.

So, in a downtrend like we see below, the stop loss would be just above the tail of the pin bar, when I say «just above» that can mean about 1 to 10 pips above the high of the pin bar tail.

Whereas, in a downtrend, «value» is seen at resistance, since the price has rotated higher within the broader downtrend; so it's a good «value» to sell from resistance in a downtrend.

Inside bars are common on the daily chart in a very strong / runaway trend because the market will make a brief pause after its most recent move before shooting higher (uptrend) or lower again (downtrend).

We are looking for higher highs and higher lows in an uptrend and lower highs and lower lows in a downtrend, also, I teach how to use the daily 8 and 21 EMAs to identify near - term market momentum.

Until there is either a higher low followed by a higher high or a higher high followed by a higher low, the downtrend is still in action and it is most likely that the low has not been reached yet.

In addition, hidden divergence compares lower lows in the indicator and the lower highs of price in a downtrenIn addition, hidden divergence compares lower lows in the indicator and the lower highs of price in a downtrenin the indicator and the lower highs of price in a downtrenin a downtrend.

In a downtrend, lower lows will finally stop when price action prints a higher low.

As for its stock, RSH has been stuck in a severe downtrend since 2010, dropping from highs near $ 24 to a low just above $ 2.

2/13/15 Continued Upward Price Action 2/6/15 Continued Consolidation in the Uptrend 1/30/15 Consolidation with a Chance of Pullback in the Uptrend 1/23/15 Consolidation in the Uptrend 1/16/15 Consolidation in the Uptrend with a Risk of Pullback 1/9/15 Broad Consolidation in the Uptrend 1/2/15 Possible Pullback in the Uptrend 12/26/14 Continued Upward Price Action with Possible Consolidation 12/19/14 Continued Uptrend 12/12/14 Continued Downward Price Action in the Broad Uptrend 12/5/14 Uptrend Continues 11/28/14 Short Term Consolidation or Retracement Possible in the Uptrend 11/21/14 Possible Short Term Pullback in the Uptrend 11/14/14 Continued Upward Price Action 11/7/14 Continued Uptrend 10/31/14 Continued Upward Price Action 10/24/14 Short Term Upside Continues in Long Term Uptrend 10/17/14 Possible Reversal of the Short Term Downtrend 10/10/14 Long Term Uptrend in Jeopardy, Downside Bias 10/3/14 Cautious Short Term Reversal Higher in Long Term Uptrend 9/25/14 Pullback Continues in Uptrend 9/18/14 Consolidation with an Upward Bias, in the Uptrend 9/12/14 Consolidation with a Chance of Pullback in the Uptrend 9/5/14 Consolidation Short Term with an Upward Bias 8/29/14 Uptrend Continues with Possible Consolidation 8/22/14 Possible Consolidation in the Uptrend

2/5/16 Consolidation in the Short Term Downtrend 1/29/16 Short Term Reversal Higher 1/22/16 Bounce in the Downtrend 1/15/16 Continued Downtrend 1/8/16 Continued Downtrend 12/31/15 Short Term Downward Bias in the Long Term Consolidation 12/24/15 Short Term Upward Bias in the Intermediate Downward Move 12/18/15 Continued Move Lower 12/11/15 Short Term Downward Bias in Consolidation 12/4/15 Consolidation in the Long Term Uptrend 11/27/15 Consolidation in Short Term Uptrend 11/20/15 Continued Short Term Uptrend 11/13/15 More Downside Short Term 11/6/15 Continued Uptrend 10/30/15 Possible Pullback or Consolidation in the Uptrend 10/23/15 Uptrend Continues 10/16/15 Continued Short Term Uptrend 10/9/15 Continued Upward Price Action 10/2/15 Short Term Strength in Consolidation of the Down Move 9/25/15 Short Term and Intermediate Term Downward Bias 9/18/15 Consolidation of the August Plunge with a Downward Bias 9/11/15 Continued Tightening Consolidation with a Short Term Upward Bias 9/4/15 Consolidation in the Pullback, Watching for Direction of Break 8/28/15 Short Term Bounce Continues Watching for Reversal if no Follow Through 8/21/15 Continued Downside with Possible Oversold Bounce

If price action breaks above current session highs in an uptrend OR breaks below current session lows in a downtrend from that 2 pm EST zone, expect a strong continuation of the directional trend into the final hour and / or closing bell.

A recent swing high will often act as support in an uptrend, and a recent swing low will often work as resistance in a downtrend.

When trading in a downtrend on a short position, the approach is to set a stop loss just above the swing high since this could represent a potential resistance level.

Price on a given time frame is in an uptrend if it is making a higher highs (HH) and higher lows (HL) and in a downtrend if it is making lower highs (LH) and lower lows (LL).

The following chart has the swing highs and lows marked in both an uptrend and a downtrend.

We consider a market to be in an uptrend if it is making Higher Highs and Higher Lows (HH, HL) and a downtrend is Lower Highs and Lower Lows (LH, LL).

In the chart above, we can see that all retraces higher to both horizontal resistance levels and the 21 day EMA were met with selling pressure as the dominant downtrend remained intact.

Conversely, in a downtrend we see Lower Highs and Lower Lows, and when price breaks above the previous lower high, it's a strong indication that the downtrend might be ending.