Sentences with phrase «occur during uptrends»

Pullbacks occur during uptrends and downtrends in the form of temporal reversals from the current trend.

Not exact matches

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).

The head and shoulders chart pattern is a strong bearish price action pattern that occurs when the market makes the first lower high during an uptrend.