Sentences with phrase «trap in a trading range»
Bar 23 - Possible second leg trap in a trading range, lower high major trend reversal, bear two inside bars, always in bulls can exit below and buy again above bull bar, ok swing sell or short but 2 dojis so lower probability, ss3
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The oil market has been generally trapped in a trading range between $ 40 and $ 50 for much of this year.
Not exact matches
As you can see, interest rate related securities have been trapped in a sort of large trading range for years.
These jitters have kept REITs trapped in a two - year trading range, even while the broader stock market has been on fire.
Gold remains trapped in a large sideways trading range between 1360 resistance area and support near 1300.
The best way to avoid this trap is to simply wait until there is a clear close outside of the trading range on the daily chart, and then you can begin to look for price action trading signals in the direction of the breakout.