Sentences with phrase «of a downtrend»

Another reason we would first like to see a minor price retracement from current levels before buying is that the long - term monthly chart interval shows us that $ GLD is actually running into resistance of its downtrend line from its September 2011 high:

Now, it looks as though the rally may have already run its course, as QQQ has run into major resistance of its downtrend line from the September 2012 high.

As long as 1.4457 resistance holds, the price action from 1.4218 is treated as consolidation of downtrend from 1.5144 and one more fall towards 1.4100 is still possible after consolidation.

Though Cardano broke out of the downtrend line on March 21, it could not break out of the 20 - day EMA and the horizontal resistance at 0.00002460.

The price action in the trading range is more likely consolidation of downtrend from 1.6721.

As volatility makes a comeback in crytocurrencies, more so in Bitcoin, the price of the biggest digital coin falls below $ 9,000 and below the very trendline it broke out of last week, signalling the resumption of downtrend which started from its January high.

We call this a «backside test of the downtrend line.»

Nevertheless, if price fails to breakout of the downtrend line, it will lead to the formation of a descending triangle pattern, which is a bearish development.

Furthermore, $ IWM is still trading below the upper channel of its downtrend line from the September 2012 highs (the red line on the chart below), which may be difficult to overcome on the first few attempts.

Within the context of this downtrend resistance line, price has made several breakdowns of both short - term uptrend support lines and horizontal support...

These characteristics are the same regardless of whether the wedge forms at the bottom of a downtrend or the top of an uptrend.

In the example below, we can see a long - tailed pin bar that occurred within the context of a downtrend in the EURJPY.

The reverse — the beginning of a downtrend — is not immediately true.

The close above the value of the downtrend line was the first signal that the downtrend had ended.

In the example chart below, we can see examples of a downtrend, an uptrend and an uptrend changing to a downtrend:

For example, if this same pin bar setup above occurred in a range - bound market or in the course of a downtrend, you would not likely set a target of more than 1 to 2; therefore the trade would be a lower probability setup.

One of the simplest definitions of a downtrend, as explained by Dow Theory, is a pattern of lower lows and lower highs.

This means we are not concerned with selling at the absolute top of market rallies, nor buying at the dead lows of downtrends.

Reversal of the downtrend last week signaled the start of the 5th wave, which is expected to take bitcoin price to record a high higher than the high recorded at the climax of the 3rd wave, so we expect to see bitcoin price exceed $ 4,500 within the next 1 - 2 weeks.

A double bottom chart pattern is a strong bullish price action signal that occurs at the end of a downtrend.

I believe this is just the start of downtrend of the interest rate cycle.

There is no indication of downtrend weakness.

Note, these are not Fibonacci fan lines, they're a series of downtrend lines with a common starting point.

We prefer lower risk entry points, so we look to build a position much earlier in the base using a combination of downtrend line breakouts, higher swing lows, and the 50ma.

This negative positioning is supportive of a dollar bounce, says Jon, not a continuance of the downtrend, from a contrarian point of view.

Capex growth is recovering after two years of downtrend, and the investment - to - GDP ratio remains below previous cycle peaks.

In the case of a downtrend, this is when prices increase to or above the shifting average.

For example, now that the broad market is in a confirmed downtrend (at least two «lower highs» and «lower lows» have been set), we are NOT interested in going long (buying) counter-trend bounces into resistance of downtrending stocks.

This overcut of the downtrend line is significant because it sucks in new buyers, just as institutions are starting to sell into strength.

The first rise pattern marks the first 100 % retracement of a downtrend within the time frame of interest.

The idea is that the failure of the downtrend to produce another lower low is a sign that momentum may be leaving the trend.

In the chart below we can see a clear example of this when a fakey setup formed recently in the spot Gold market within the structure of the downtrend.

Although often a bearish pattern, the descending triangle is a continuation of a downtrend.

Fear and panic are the drivers of downtrends that overshoot low prices that people didn't think were even possible.

For example, SPDR EURO STOXX 50 (FEZ) illustrates the doggedness of the downtrend in Europe.

The 3 - Inside Up / Down is a 3 - candlestick formation that is deployed in spotting trend - reversal patterns that form at the bottom / top of a downtrend / uptrend respectively.

With no signs of a downtrend in cryptocurrency prices, security experts warn that bitcoin exchanges and wallet services are likely to become more vulnerable to cyber attacks.

Should traders simply sit out in fiat during these types of downtrends?

Show (don't tell) the reader that you are capable of helping them lift themselves from the slog of this downtrend and into a robust, revenue - multiplying and profit expanding new place.

Though existing - home inventory expanded to 1.75 million in February, supply is still 6.4 percent below one year prior — and last month marked the 21st month in a row of the downtrend, according to the report.

The digital currency remains bearish until it breaks out of the downtrend line of the descending triangle.

However, the price action from 1.0035 is more likely consolidation of downward trend from 1.0338, another fall towards 0.9900 is still possible after consolidation, and a breakdown below 1.0035 could signal resumption of downtrend.

This has seen a test of the downtrend, a retest and breakthrough and then a retest and rebound.

Look for a move above the upper channel of the downtrend line (above $ 6.30 and the 10 - day MA) to generate some buying interest:

It turns out that that Swing Low was the bottom of the downtrend and market began to rally above the Swing High point.

The price action from 1.3585 is still treated as consolidation of downtrend from 1.4579.

The problem was whether or not bitcoin - which acts as a leading indicator for the entire cryptoasset market - would be able to successfully breakout of the downtrend it had initiated on December 17th, or not.

After moving above resistance of a downtrend line that was in place for more than a year, $ KOL developed a tight base off the lows that has been in place for the past six months.