Sentences with phrase «strong key resistance level»
The inside bar setup in this video formed just below a strong key resistance level, so in a case like this you would wait for the key level to break, instead of just taking a break out of the mother candle or inside bar.
http://www.learntotradethemarket.com/ Not exact matches
Several strong resistance levels are ahead below at $ 200, between $ 225 and $ 235, and $ 250, while key support below $ 170 is between $ 140 and $ 150.
In the chart below, we can see an obvious pin bar reversal setup formed near a key market resistance level, indicating that a move lower was a strong possibility.
Further strong resistance levels are ahead near $ 240 and $ 280, while key support is found at $ 175 and $ 150.
XMR is stuck below the key $ 100 level, and the coin also faces strong resistance at $ 125.
In the chart below, we can see an obvious pin bar reversal setup formed near a key market resistance level, indicating that a move lower was a strong possibility.
A bull trap forms after a move higher, the amateurs who were on the sidelines watching a recent strong move unfold can not take the temptation anymore, and they jump in just above or at a key resistance level since they feel confident the market now has the momentum to break above it.
We use combination of Elliott wave patterns, Technical indicators, Japanese Candlestick patterns, Price Patterns, Elliott's trend lines, Fibonacci Retracement, Fibonacci Expansion, Strong key support and resistance levels to prepare our Elliott Wave Predictions and Trade Setups.
It awaits to be seen if the momentum is strong enough, to push NEO above the key resistance level.