Sentences with phrase «to confirm the breakout»
The phrase "to confirm the breakout" means to have enough evidence or proof that a significant change or event is truly happening or going to happen. Full definition
Fresh positions can be initiated at $ 330, which will confirm a breakout above the resistance.
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Again, look for a strong pickup in volume to confirm the breakout action and your breakout buy entry.
When you get a trend breakout signal, confirm the breakout risk is not more than 1 % of your core account size; if so, go to the next step.
The Triangle and 3 Outside Up Candlestick forex trading strategy is a well suited strategy that combines the triangle pattern and the 3 outside up candlestick trading pattern to confirm breakout with a high degree of accuracy.
The strong closing price (near high of the day) and big volume confirmed the breakout: -LSB-...]
As the multi-decade chart shows, the dollar has broken out of its declining secular trendline, earlier this year, and is about to confirm its breakout by moving higher from these price levels.
I really only want to be long these above 49.75 and would rather be above 50.25 to more or less confirm the breakout, but I think these look great.
«Importantly, the Russell 2000 Index has confirmed a breakout above final resistance at its July high, reflecting the expanding breadth behind the rally,» she said.
The Triangle and 3 Outside Up Candlestick forex trading strategy is a well suited strategy that combines the triangle pattern and the 3 outside up candlestick trading pattern to confirm breakout with a high degree of -LSB-...]
These conditions have been met, confirming the breakout
Alternatively, you could establish a partial position near current prices (close to the 10 - week MA), then add additional shares on a confirmed breakout.
Next, it confirms breakouts plus keeps you in the direction of the trend by making use of more than just a single time frame.
Notice that volume also surged well above its 50 - day average level, confirming the breakout to a new high:
Alternative strategy can be that you book your profits in the region of $ 375 and $ 380, and then wait for a confirmed breakout above the triangle before initiating long positions again.
In short, the SP500 is flirting with resistance and has yet to confirm the breakout.
Instead, we're entering short as soon as we have a confirmed breakout.
To confirm the breakout, a trader should wait for a second signal, which in this case give the following candlestick patterns.
From here on, If the BTC / USD pair breaks out of $ 9,500 and sustains for four hours, it confirms a breakout, so the price could test next resistance level which lies at about $ 11,780.