Sentences with phrase «of bullish breakouts»

Given the recent number of bullish breakouts, it appears rather unlikely the market will penetrate 242.55 any time in the near future.

Gains were spread out evenly across most major assets, with the likes of bitcoin and Ethereum showing signs of a bullish breakout.

Bitcoin is eyeing a move towards $ 9,000, courtesy of a bullish breakout on the 4 - hour chart and a bullish hammer reversal on the daily chart.

Not exact matches

The combination of breakout and rebound features on the Nikkei chart are bullish and suggest a steady upwards move towards the long term pattern target near 20,347.

The Aussie offers many short - term trading opportunities within the context of a longer - term bullish breakout above $ 0.775.

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

This is the bullish type of price action that leads to sustainable breakouts and ideal, low - risk swing trade entries.

The weekly volume pattern leading up to the breakout above resistance was bullish, with two strong weeks of accumulation (higher volume gains) in early January.

Although not many of the trade setups we detail in our stock picking report are from the IPO scan, we always look forward to trading those stocks that eventually appear in the IPO scan because we have learned over the years that a combination of an IPO with a bullish chart pattern leads to nice breakouts with a high level of reliability.

In the near - term, we anticipate this bullish price consolidation should spark a breakout that leads to a test of the prior highs from 2011.

So, there are still two possible future scenarios - bearish that will lead us below February low following trend line breakdown, and the bullish one in a form of medium - term double top pattern or breakout towards 3,000 mark.

However, a breakout of the bottom and therefore a bullish confirmation does not occur until there is a rally above $ 175.00.

A breach of the descending trendline followed by an inverse head - and - shoulders breakout (bullish reversal pattern).

On December 7, a bullish breakout above 1.3450 (the upper limit of the recent consolidation range) enhanced the bullish side of the market.

XLM picked up a bid following a bullish triangle breakout on April 12 and rose to a 7.5 - week high of $ 0.3883 on Bittrex.

One of our favorite chart patterns is the cup and handle, a bullish pattern that precedes some of the most powerful and reliable breakouts.

It's worth noting that, despite its name, this pattern is only seen as a bullish sign if we see a breakout above the top of the flag (currently near 1180).

The last point of supply is essentially a false rally where those who didn't have an opportunity to sell on the previous LPSY now have an opportunity and will begin to sell into the more bullish traders who fall victim to a false breakout.

Although we'd love to see $ EPI pull back closer to the prior breakout level at $ 19.40 in order to establish an even lower risk position, we do not want to miss the next potential move higher when the bullish momentum of the recent breakout resumes.

Although there is a decent likelihood $ EPI will meet our criteria for buy trigger today, it may still pull back for one more day before attempting to resume the bullish momentum of its recent breakout.

The candlestick chart above illustrates price breakout close to the opening of the forex trading session shown by the white circle to the left in addition to a bullish rejection bar that created an unconnected pattern that didn't present an opportunity for a stop - and - pop trading opportunity represented by the circle in the right.

What I was doing this weak was selling strength, knowing that my risk was the breakout of the bullish pattern, which I thought was very unlikely although I would let the market decide.

Price Action Tracker detected a bullish false - breakout pattern and suggested to wait for a break of 0.7741 to confirm bullish sentiment.

A price action analysis of the BTC / USD reveals that the digital currency is poised for a bullish breakout following a solid weekend of trading.

Even though there had been hints of possible bullish breakout, the explosion north was impressive...

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.

Although neither of these indicators imply a bullish breakout, they suggest that momentum is returning to the market.