Sentences with phrase «movement during an uptrend»

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).

Not exact matches

In both cases, these formations happened during an uptrend, and in both cases they signaled an upcoming bearish price movement.