Sentences with phrase «key resistance of»

Let's look at another example of a fakey signal, but this time it's one that formed at the upper boundary / key resistance of a trading range.

This is also seen at the key resistance of the range, note how the line through 1.3140 is not touching the exact highs on September 14th and 17th at 1.3171... this brings up the point that sometimes support or resistance is more of a «zone» than a strict / exact level.

This week gold broke through the key resistance of $ 1,300.

On May 27, the NASDAQ Composite jumped 1.2 %, but that rally put the index right at key resistance of the top of the «left shoulder» shown on the topping pattern that is in play on the chart above.

The cryptocurrency crossed the key resistance of $ 0.2543 in a convincing manner on April 16 and has hit a high of $ 0.2928 — a level last seen on March 6.

Specifically, each of these indexes are now testing key resistance of their multi-year highs that were formed in March or April of this year.

Specifically, each of these indexes are now testing key resistance of their multi-year highs that were -LSB-...]

After several days of encouraging price action, the NASDAQ Composite edged back above key resistance of its 20 and 50 - day moving averages, while the benchmark S&P 500 simultaneously marginally rallied to a fresh all - time high.

Ideally, we were prepared to enter a short position if $ GLD bounced into key resistance of its 50 - day moving average, which would have provided us with a low - risk entry point with a very positive reward - risk ratio.

Not exact matches

Steep market sell - offs trapped bulls above a key level of resistance this week, according to one technician.

Continuing a recent recovery, a key biotech ETF rose 0.9 percent Thursday, topping its key resistance level of $ 300 for the first time since January.

Furthermore, the odds of $ DZZ going to a new high are much lower than the odds of it simply going back to retest its prior highs because now there is resistance of a major swing high (support of a key swing low in $ GLD).

There are different factors of confluence that we can watch for, but in the chart below I am showing you price action setups that formed at key support and resistance levels in the market; support and resistance are each a factor of confluence.

On the longer - term weekly chart below, notice that $ XOP has also just broken out above key horizontal price resistance of its prior high from September of 2012, which should further spark bullish momentum from here:

Thanks Nial for making me understand the price action better, been stuck in the indicators and blowing acounts but now im doing better and trying to understand and master the craft of the key support and resistance method.

Notice, this was only a 1R profit with the reason being, there was a key resistance level coming into play before 2R would have been hit, so logic would dictate we exit ahead of the key level rather than hoping and praying price breaks through it.

On the weekly chart of $ GLD below, notice that the ETF attempted to break out above key horizontal price resistance in October 2012, but was unable to do so.

There was also a break above a key bearish trend line with resistance at $ 0.8750 on the hourly chart of the XRP / USD pair.

This was a well - defined setup that formed off a key resistance level, so certainly it was a valid instance of our price action trading edge.

As the second quarter of 2012 kicks off preceded by a very bullish first quarter, it's the perfect time to take an updated look at key technical levels of support and resistance on the main stock market indexes.

VanEck Vectors Gold Miners ETF (GDX) Key Statistics (as of close 12/14/17) Daily High 22.17 Short - Term Trend Bearish Daily Low 21.80 Intermediate - Term Trend Bearish Daily Close 22.08 Long - Term Trend Bearish Minor Support Level 20.99 Minor Resistance Level 23.88 Major Support Level 12.40 Major Resistance...

DB US Dollar Bullish PowerShares UUP ETF Key Statistics (as of close 11/2/17) Daily High 24.65 Short - Term Trend Bullish Daily Low 24.55 Intermediate - Term Trend Bullish Daily Close 24.63 Long - Term Trend Bullish Minor Support Level 23.74 Minor Resistance Level 24.96 Major Support Level 21.07 Major...

The recent high - volume breakout above key resistance at the $ 55.50 level, followed by lighter volume consolidation, means that a volume - fueled move above the three - day high of $ 58.00 could present a near - term buying opportunity in this ETF:

This resistance could play a key role in the further CLAM / BTC trend development, and the reaction of the market at that price is yet to be seen.

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.

Furthermore, several of the major indices are now bumping into, or are quickly approaching, key technical resistance levels.

Key PointsBitcoin cash price gained upside momentum and broke a major resistance at $ 1,500 against the US Dollar.Yesterday's highlighted key connecting bearish trend line with resistance at $ 1,370 was breached on the hourly chart ofKey PointsBitcoin cash price gained upside momentum and broke a major resistance at $ 1,500 against the US Dollar.Yesterday's highlighted key connecting bearish trend line with resistance at $ 1,370 was breached on the hourly chart ofkey connecting bearish trend line with resistance at $ 1,370 was breached on the hourly chart of...

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 theKey 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 thekey connecting bearish trend line forming with resistance at $ 1,365 on the hourly chart of the...

We still expect a rally above the key resistance zone near $ 0.22 level soon as the effects of the broad correction wane.

Key HighlightsRipple price recovered nicely and moved above the $ 0.8100 resistance against the US dollar.There was a break above a key bearish trend line with resistance at $ 0.8200 on the hourly chart of the XRP / USDKey HighlightsRipple price recovered nicely and moved above the $ 0.8100 resistance against the US dollar.There was a break above a key bearish trend line with resistance at $ 0.8200 on the hourly chart of the XRP / USDkey bearish trend line with resistance at $ 0.8200 on the hourly chart of the XRP / USD...

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.

We also want to focus our attention on key chart levels of support or resistance as well as moving averages, for pull backs.

As you will notice on the charts of the Nasdaq Composite, S&P 500 and Dow Jones Industrial Average below, we are now at or near key resistance levels on all three indices.

In the near - term, $ 437 is a big area of support on the downside, while $ 455 is a key resistance point.

On the daily chart of S&P 500 SPDR ($ SPY), a popular ETF proxy for the benchmark S&P 500 Index, we have annotated the key resistance levels to pay attention to this week:

In contrast, the Russell 2000, S&P 500, S&P MidCap 400 and DJIA all face new resistance (which was previously support) at this key level of intermediate - term trend.

Rather, we prefer to keep our powder dry by waiting in cash for ETFs and stocks to rally into new resistance of key moving averages and prior lows, then initiate new short positions (or buy inverse ETFs after they pull back to support).

Key HighlightsETH value jumped increased sharply and moved above the $ 780 resistance degree towards the US Dollar.There is an ascending channel forming with help at $ 760 on the hourly chart of ETH / USD (information feed through Kraken).

Often times, support and resistance are more «zones» than exact «levels», sometimes you will have a key level that is indeed an exact level, but more often than not we are going to be drawing our support and resistance lines midway through bar tails or even through the body of a bar sometimes.

This algorithm identifies key areas of supply (resistance) and demand (support).

After a false break above bearish trend line resistance last week, the pair has dropped back down to test key support in the mid - 1.3000 s ahead of tomorrow's high - impact U.S. data releases.

Additionally, it is important to note that several of the broad - based indexes are at or nearing key resistance levels on their daily charts.

In my daily Forex commentary each day, I draw in the key levels of support and resistance that I feel are the most significant in the current market environment.

Price surged higher last week in the GBPUSD and as with the EURUSD, this pair is approaching / in the midst of a key long - term resistance area, but we certainly could see more upside given the strength of the uptrend that's under way and the resistance zone is quite large from about 1.4200 — 1.5000.

OverviewGold price shows a bearish bias after approaching the critical resistance at 1,197.10, which represents one of the next trend keys besides 1,183.83 support, where the price is following its way to test this support.

Past performance is not necessarily indicative of future results.The post Bitcoin Price Analysis: Amid Continuing China Rumors, BTC Fails to Break Key Resistance appeared first on Bitcoin Magazine.

Ethereum Classic is breaking - out of a long - term trading range as we speak, and it quickly surged past the $ 18 resistance level, after leaving behind the key short - term level just above $ 16.

It looked at 2,000 HIV patients around the world and in 60 percent of the cases in African countries, HIV showed resistance to the key drug.

Siemer involved his fellow Dominican Eberhard Welty in the resistance, and Welty's work on a «Christian system of living» played a key role in post-war discussions.