Sentences with phrase «seen bullish price action»

Now that you've seen the bullish price action subsequent to the breakout, let's take a more important look at the technical trading criteria that preceded the breakout, which then prompted us to buy the ETF for swing trade entry.

Not exact matches

Based on yesterday's (May 23) bullish intraday price action, in which stocks shook off substantial early losses and reversed to finish flat to higher on increasing volume, it appears as if we will see a move higher in the main stock market indexes over the next several days.

If the bullish price action we have been observing follows through, we could see a dominant trend reversal that could at least lead to a new intermediate - term uptrend in crude oil.

Although the daily chart is useful for seeing short - term trends, trade setups on the monthly timeframe can be more explosive, especially when they align with bullish price action on the weekly and daily chart intervals.

Gold's punk price action this week has turned me mildly skeptical, but I'll follow the bullish lead of a chat room denizen who saw encouraging signs on Thursday.

For bullish chart patterns, we are always looking for the price action to tighten up within a base of consolidation, and we are now seeing that with the price action finding support at the 50 - MA in late December, and potentially finding support at the 20 - day EMA this week.

On the daily chart below, we see that MSFT's price action since late April has essentially traced out a bullish flag formation, which found support near the 100 - day moving average (blue line) in early July.

No, I see this as bullish price action.

Price action of the Monthly Chart, shows that euro is in a bullish rally against the dollar, as you can see price is in a long awaited key level (after 3 yePrice action of the Monthly Chart, shows that euro is in a bullish rally against the dollar, as you can see price is in a long awaited key level (after 3 yeprice is in a long awaited key level (after 3 years).

I also saw the whole setup but as I'm also a price action trader I relied more on the bullish engulfing than the pinbar signal.

We remain mildly bullish in the near - term and we could see the market move down to re-test support near 1295.00 — 1306.00 key support zone where we would be watching closely for price action buy signals to get long.