Sentences with phrase «more bullish action»

To sum up, the market is showing a lot of positive signs for more bullish action this month.

Not exact matches

Now that you've seen the bullish price action subsequent to the breakout, let's take a more important look at the technical trading criteria that preceded the breakout, which then prompted us to buy the ETF for swing trade entry.

The longer and tighter the price action of a bullish base, the more powerful the upside breakout tends to be.

Although this has been leading to moderately bullish price action in select blue - chip stocks such as $ IBM, more explosive, -LSB-...]

Although this has been leading to moderately bullish price action in select blue - chip stocks such as $ IBM, more explosive, high - momentum moves have been coming from various commodity - based ETFs (which have a low correlation to the direction of the overall stock market).

Although the daily chart is useful for seeing short - term trends, trade setups on the monthly timeframe can be more explosive, especially when they align with bullish price action on the weekly and daily chart intervals.

In a bullish market, volatility remains low, and price action is much more reliable.

While we don't expect significant new lows after last week's crash, more corrective price action is needed after the lofty August rally to clear the overly bullish sentiment.

The daily chart shows the RSI moving higher in the bullish zone with the MACD rising, both supporting more upside price action.

The RSI continues to support the bullish case with a move higher in bullish territory over 60 and the MACD continues to rise, also supporting more upside price action.

I also saw the whole setup but as I'm also a price action trader I relied more on the bullish engulfing than the pinbar signal.

Trading opportunities you may have missed this week If you are not a PRO member or have not set up your email alerts yet, here is a glimpse at what you may have missed this week: CADCHF 8th May (1 Hr chart) Price Action: Bullish Pin Bar at Support level Confidence Level: 58 % to 63 % Read More...

Trading opportunities you may have missed this week If you are not a PRO member or have not set up your email alerts yet, here is a glimpse at what you may have missed this week: BCH / USD 22nd Apr (30 Min chart) Price Action: Bullish Premium Fakey (False Breakout) Confidence Level: 66 % to 71 % EUR / GBP Read More...

The only problem at the moment is that price action is bullish S&P 500 futures picking up from lows this morning after Asian stocks fell overnight (Chinese market down more than 3 %) on broadly negative comments from policy makers, especially out of China with researcher Zhang Ming (Academy of Social Sciences) pointed out that capital controls could be strengthened to address speculative inflows related to low US interest rates.

This is merely an unbiased analysis of current price action, when it turns more bullish so will the analysis.

So the trader and analyst that I am, decided to flip it upside down and try to find some price action that might start making a bullish thesis more probable.

The RSI on the daily chart is rising and bullish along with the MACD, both supporting more upward price action.

He's more bullish than I am on the idea that China can be prodded to act through American action.

What makes the lackluster price action even more unusual, though, is the fact that just a week ago, the cryptocurrency, known for its governance and privacy features, looked primed for a retest of record highs above $ 400 courtesy of a bullish falling channel breakout.