Sentences with phrase «strong support and resistance levels»

Examples of «factors of confluence» include but are not limited to: strong support and resistance levels, Fibonacci 50 % retracement levels, or moving averages.

The price shot down, the price shot up — where does this leave us now?Figure 1: BTC - USD, 6 - Hour Candles, GDAX, Macro Bull RunSince the beginning of this bull run from $ 1800, we have established very clear, very strong support and resistance levels along the Fibonacci Retracement set shown above.

Examples of «factors of confluence» include but are not limited to: strong support and resistance levels, Fibonacci 50 % retracement levels, or moving averages.

Not exact matches

The standout feature on the chart is the strong support level near $ 43 and resistance near $ 54.

The pivot points are defined as «major support and resistance levels» where there is a strong likelihood of a price turnabout and where the pattern would shift in the opposite direction.

NEO hit the support level near $ 13 before the strong rebound, and it recovered above the $ 16.50 support / resistance.

Strong support is found at the $ 11 and $ 9 levels, while further resistance is ahead around the $ 16 level.

The currency still faces strong resistance near $ 0.26 and $ 0.30, with support levels found at $ 0.2250, near $ 0.20, and at $ 0.18.

Price is approaching major resistance at 0.7697 (multiple Fibonacci extensions) and we expect a strong reaction off this level for a drop to at least 0.7634 support (Fibonacci retracement, horizontal pullback support).

Short - term traders should still stay away from opening new positions as the test of the $ 18 level might still be ahead in the coming days, with further support at $ 16 and $ 14.50, while strong resistance is ahead near $ 23 and $ 25.

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.

They are best played at confluent levels with strong support and resistance confirmation.

Further strong resistance levels are ahead near $ 240 and $ 280, while key support is found at $ 175 and $ 150.

Short - term support is now found near $ 650, with a stronger level at $ 625, while resistance is ahead near $ 740 and $ 780.

Strong support levels are found at $ 18, and $ 16, while the $ 30 and $ 34 levels provide resistance.

Well given that price has shown it's hand and started trending strongly above that previous resistance at 1295 - 1300, we could assume that level is going to act as strong support, in fact after the first break out prices actually re tested that level here and quickly pushed higher.

NZDUSD is testing major channel resistance at 0.6936 (Fibonacci retracement, Fibonacci extension, price action, channel resistance) and a strong drop could occur at this level to push prices all the way down to major support at 0.6852 (Fibonacci extension, horizontal swing low support).

The pivot points are defined as «major support and resistance levels» where there is a strong likelihood of a price turnabout and where the pattern would shift in the opposite direction.

These 3 pivot point strategies are just a few of the many pivot point strategies that traders use to take advantage of these strong horizontal support and resistance levels.

In a strong trend you will likely have a better chance to hold a trade for bigger gains, in a consolidating market you are probably better off using support and resistance levels and / or opposing price action signals to exit your trade.

ATP serves as the support level for strong commodities and as the resistance level for weak commodities.

CADJPY is seeing strong support above 86.08 (Fibonacci retracement, Fibonacci extension, horizontal pullback support, bullish ichimoku cloud, ascending support) and a bounce could occur at that level pushing prices up further towards major resistance at 86.71 (Fibonacci extension, horizontal swing high resistance).

A strong rally in the dollar could strengthen $ 170 as a resistance level, leading to a sell - off in GLD and a re-test of the $ 156 support level, which would coincide closely to the 200 day moving average as in continues to average higher from its $ 152 level:

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.

Someone at some point in time came up with the notion that support and resistance levels become stronger with each additional retest.

Its strong Support & Resistance levels are exact and explicit.