Sentences with phrase «swing lows»

If the target is way above prior swing low, expand the target slightly to 2 or 2.5 times the risk.

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

A Double Bottom has two swing lows at around the same price level.

The pair is now trading near the last swing low of $ 625.

A patient trader would have held back until this higher swing low formed.

From 1,200, it took price 5 weeks to reach the last swing low.

A clear breakdown below the last major swing lows in the main stock market indexes would make for a very tough year for the equities markets, but it would not be very surprising.

The four - bar thrust did not even reach the previous swing low, hinting that the market was in the first scenario.

When prices are trending upwards and you hold a long position, one consideration is to place the stop loss just below the latest swing low rate.

This example shows major swing lows that are holding up as support, which is a sign of a bullish market.

Here the camera swings low to the ground to give you an immense sense of space.

If it the target is way below the prior swing low, skip the trade.

We might be able to establish a small position before the obvious breakout level if the price action forms a higher swing low.

However, despite the strong move, it did not even reach the last swing low (dotted line).

In the near - term, $ SPY (S&P 500) is in better technical shape than $ QQQ (NASDAQ 100), as it isn't still well above support of its prior swing low from February.

Suppose I entered the market at 12 hrs and is looking at 5 mins charts.Should I wait for 20 × 5 = 100 mins to analyse and then take a trade?or at 12 hrs i look to prior candles and findout th nearest swing low and swing high and take trades based on themand other indicators like moving avg and MACD?

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.

The swing high price is 121.69 and swing low price 115.98.

In my April 7 blog post (definitely worth a read if you missed it), I already showed you the $ 83 support level in $ QQQ (convergence of the February swing low, dominant uptrend line, and 40 - week / 200 - day MA).

Price is dropping strongly towards major support at 1.2966 (multiple Fibonacci extensions, horizontal swing low support, Elliott wave theory) and we expect a bounce above this level to at least 1.3164 resistance (Fibonacci retracement, horizontal pullb...

Entry level is 0.000920 with stop orders below the local swing low at 0.000760 level.

The chart below shows us what swing high points and swing low points look like.

Finally, as for the exit point, our target on this type of momentum trade is simply a retest of the prior swing high (or prior swing low if selling short).

A pullback buy entry into $ XBI could be made near current levels, with a stop below the 40 - week moving average (or prior swing low for a looser stop).

There was a strong upside move noted in Ripple price from the $ 0.7000 swing low against the US Dollar.

U.S. stocks swung lower on Monday, as robust earnings were offset by inflationary risks ahead of an active week headlined by economic data and Federal Reserve...

However, if QQQ now breaks below its low of the past two days, its next significant support levels are the 200 - day MA ($ 61.50 area) and the June 4th swing low (around $ 60.00).

What's different about today's chaos is that you'll often see bitcoin's price swing low as people hedge on other cryptocurrencies, but today it's all a mess.

Also in that May 2 blog post and Wagner Daily newsletter, we said of the Nasdaq Composite, «If the Nasdaq is unable to hold key intermediate - term support of its 50 - day MA (3,025), it will likely retest the April 23rd swing low of 2,946 as its next move.»

Will the S&P 500 and Nasdaq recover by rallying above their prior swing highs on heavy volume, or will the indexes stall out after a light volume bounce and roll over to new swing lows?

After moving up to test the SMA, price plunged down below the earlier swing low with higher volume (as shown by the green background).

Using the Fibonacci retracement tool on the latest swing low and high shows the potential support levels.

Collect Power - Ups to take the game to the next level and take out zombies with explosive style while keeping swings low and the kill count high.

Furthermore, the odds of $ DZZ going to a new high are much lower than the odds of it simply going back to retest its prior highs because now there is resistance of a major swing high (support of a key swing low in $ GLD).

I mean, you could draw Fibonacci levels from an established swing low or high to an imaginary future point in a way that the levels align with identified support and resistance levels.

Since the $ 74 level appears to be holding, $ TBT will print its first higher swing low within the current 14 - week consolidation.

Further below, the next major support is between $ 131.70 and $ 130.85 (200 - day MA and the June 25th swing low).

We drove through the mountains to a small mountain lake, we tossed rocks into the cold water, a bald eagle swung low over the water, swooped up and out and into the tall trees, alone, and I did not envy that beast.

Another common problem in using the Fibonacci retracement tool is determining which Swing Low and Swing High to use.

We wouldn't be surprised to see another test of the April 10th and April 23rd swing lows before the market attempts to head higher again.

If the S&P 500 loses support of its April 10th swing low of 1,357, the broad market could easily see a more pronounced pullback from its highs.

LTC is trading just above the $ 150 support level, which also mark the Thursday swing low, and the positive momentum divergence continues to be present.

If there is further decline in today's session, SPY has a minor support level at the July 12th swing low of $ 132.60.

What has to be respected the most in reading the weekly chart is the fact that the current rally from the August swing low has not been able to rally above and hold, a halfway retracement in the current TR.

Most of the currencies are now in correction mode, and the coming week will be crucial, as a higher swing low followed by another leg higher would establish a new short - term uptrend.

Kenedy swung a low delivery into the penalty area that Milivojevic missed and when Martin Kelly failed to track Diame's run, the Senegal midfielder was free to finish from close range.

James Tavernier sent Candeias down the line after taking a quick free kick, and Candeias swung his low cross towards the near post.

As with Cohen, if Crocker earns enough bonus points and the curve swings low enough, Crocker could receive an overall C rating this year, Kleban said.

The lower two charts display the weekly & monthly time - frame, with their respective closest swing high and swing lows clearly marked, as potential future Support / Resistance levels, where I will focus my attention to the price action that occurs on my top two charts (4 hour and daily time - frame) when price moves to one of my SR levels on the highest time - frames.