Sentences with phrase «trend confirmation»

So be aware and wait for trend confirmation levels before investing.

While an indicator like a MA combination can give traders an idea of a developing trend, trend confirmation indicators can be used to «confirm» trends that have already been established.

The best pin bar strategies occur with a confluence of signals such as support and resistance levels, dominant trend confirmation, or other «confirming» factors.

Full trend confirmation comes when the short - term GMMA moves completely above the upper edge of the trading band.

The best pin bar strategies occur with a confluence of signals such as support and resistance levels, dominant trend confirmation, or other «confirming» factors.

Bullish trend alert (trend confirmation) A bullish trend alert occurs when the RSI rises from below to above the neutral 50 % level.

Bearish trend alert (trend confirmation) A bearish trend alert occurs when the RSI drops from above to below the neutral 50 % level.

After the bounce off the 50 day I went long $ SPY at around the $ 157.70 ish area near the close on April 23rd, believing this was a trend confirmation after the bounce off support.