Sentences with phrase «recent swing lows»

One could also take partial profits into strength and hold on to the remaining shares with a stop below the most recent swing low.

Although most major coins are well off recent swing lows, upside momentum has been capped by technical barriers limiting the bullish breakout.

If the Russell drops below the 20 - day EMA, it will likely retest its most recent swing low at 783.

Even with the most recent correction, crypto assets have rebounded more than $ 170 billion from their most recent swing low.

Short - term resistance is still ahead near $ 8400 with a stronger zone found between $ 9000 and $ 9200, while primary support below the recent swing low is between $ 6750 and $ 7000.

Also, notice the convergence of the short horizontal across the bottom of the recent swing low with the uptrend line.

Last week a bearish trend continuation signal was given as the index broke down out of a two - year ascending trend channel, and fell below the most recent swing low, 3,254.18.

Although the market is not falling apart, the more «distribution days» (sessions of higher volume selling) that accumulate, the more likely it becomes that we will at least test the recent swing low support levels.

BTC is clearly in a short - term uptrend, but for now, the bearish momentum is weakening, and the coin is right at the recent swing low, while the weaker majors already violated that level.

The iShares FTSE / Xinhua China 25 Index ($ FXI) failed to hold support of its uptrending 50 - day MA this week, and is now breaking down below a recent swing low:

However, I still find it difficult to take bearish pin bar that formed at the recent swing low like you pointed out on the EURUSD example.

More recently, Piper Jaffray upgraded DLTR from neutral to «overweight» and raised its target to $ 112.2 Given the stock's relatively limited downside risk — assuming a move below one of the two most recent swing lows would negate a bullish outlook — and its industry's recent strength, some traders may be looking to see if the stock can close some or all of that gap in the near future.

A recent swing high will often act as support in an uptrend, and a recent swing low will often work as resistance in a downtrend.

If a market is trending lower, we want to pay close attention to the recent swing highs, and in an uptrend we will focus on the recent swing lows.

This week, prices have pierced the 0.7472 level (recent swing low) and the market remains bearish.

In a note to clients, head of technical strategy Sheba Jafari said the digital payment system's recent swing lows have the potential to «act as strong support» in the short term.

On Thursday, prices bottomed at $ 6,590, bringing the digital currency closer to the recent swing low.

DGD has rebounded more than 83 % from its recent swing low, but is still trading 14 % below its all - time settlement high of $ 456.44 on Feb. 2.

At the moment, BTC / USD is trading around 4.5 % higher from the recent swing low of USD 6,873.