Stochastic is on the move up to signal the presence
of bullish pressure, but the oscillator is approaching overbought levels to hint at potential exhaustion as well.
Technical indicators are reflecting the presence
of bullish pressure.
Not exact matches
If we can break above the $ 300 level for more than a couple
of hours, it's very likely that we will continue to see
bullish pressure jumping into the market, and push DASH towards the $ 320 level.
The SOW (sign
of weakness) is marked by high sell volume that leads into an AR (automatic rally) where the sell
pressure lets up and
bullish traders assume a bottom has been hit.
But in the meantime, it makes sense to be invested as aggressively as your blood
pressure will allow to take advantage
of the most
bullish coordinated monetary easing in modern history.
If the Wildhog NRP Divergence custom indicator triggers a
bullish divergence, it is an indication
of weaning bear
pressures, hence an exit or take profit is strongly advised.
ex4 custom indicator crosses its teal line bottom up, while blue histograms forms above the 0.00 level as shown on Fig. 1.0, price is said to be
pressured to the upside i.e. a signal to go
bullish on the currency pair
of interest.
If the yellow histograms
of the sinTrend.ex4 custom indicator realigns to form below the 0.00 alert level,
bullish pressures is aid to be halting, thereby giving way to likely exit or take profit scenario.