Sentences with phrase «level in the downtrend»

We can see an example of this in the chart below with the fakey trading strategy protruding up past the resistance level in the downtrend.

We can see an example of this in the chart below with the fakey trading strategy protruding up past the resistance level in the downtrend.

Not exact matches

But the recent bounce in the dollar shows that it has broken the downtrend line and is actually finding a key level of technical support around the 90.00 level.

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

As you can see, since 1994 the growth in nominal retail sales on a year over year basis has been in a downtrend, while the level of consumer credit outstanding as been in a steady uptrend.

Ethereum Classic continues to be the weakest major short - term, trading in a steep downtrend after falling below the long - term base formation near $ 13.50 The coin might remain stuck in the long - term downtrend so traders and investors should wait for some strength before entering new positions, despite the attractive price levels.

Downtrend likely over, Bitcoin can reach levels that seemed unsurpassable in February and March

I still think prices will crack the 3 % level in the weeks ahead so stay short & continue to place the proper stop loss as I still believe the risk / reward are in your favor as the longer - term downtrend line remains intact.

Although $ GLD is still in a downtrend (until it convincingly breaks out above the $ 128 to $ 130 level), there are now 3 great reasons to buy gold in anticipation of a substantial, intermediate to long - term rally and / or bullish trend reversal.

We are trading with the downtrend momentum at the horizontal level discussed in this video, the pin bar signals formed near the confluent area, or the «hot point» as I call it.

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.

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.

The spot Gold market rotated up to the key level near 1250.00 last week but failed to maintain itself above it, creating a false break / pin bar on the weekly chart that could trigger a resumption of the recent downtrend in this market.

Pullbacks work well, but modern algorithms often push price above a broken level to squeeze shorts and draw in weak - handed buyers, before resuming a downtrend.

It's easy to chase a downtrend, getting filled well below the breakdown level and getting caught in a normal retracement.

The coin is stuck in a steep downtrend, still on a short - term sell signal, and it is trapped below the key $ 400 level too.

The ZEC / USD pair went into a downtrend for several days after hitting the 435 level in June.

The little - known Populous coin (PPT) rose sharply on Wednesday, defying a broad downtrend in the cryptocurrency market to reach its highest level in over a week...

We were correct in predicting a fall to $ 400 levels on Bitcoin Cash if it failed to breakout of the downtrend line.

Many in the investor community continue to believe that the sudden shooting up in the price of Bitcoin from $ 6,000 levels is only is only a «corrective rally» and there is a bigger downtrend to be followed soon after.