Sentences with phrase «strong bearish price action»
The head and shoulders chart pattern is a strong bearish price action pattern that occurs when the market makes the first lower high during an uptrend.
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The bearish harami candlestick pattern is often overlooked by price action traders, because it's only a moderately strong signal.
Is the stock market's inability to rally in 2018 despite strong fundamentals a sign of «bearish price action»?
Today's open hinted that price action might not be the strong signal to follow... We examine the psych of why today's open still shows a clear bear signal even though we technically broke into a «reversal of trend» from bearish to bullish on the larger time frames.