The MACD is about to cross up, also supporting more
upside price action.
These support more
upside price action but also start to give caution signals, not yet sell signals.
See on the daily bar chart for November Nymex crude that
the upside price action negated a downtrend line.
These support more
upside price action.
The RSI continues to support the bullish case with a move higher in bullish territory over 60 and the MACD continues to rise, also supporting more
upside price action.
Upside price action, overall, the last two trading days of the week would be a clue that a near - term market bottom is in place for the U.S. stock indexes.
The daily chart shows the RSI moving higher in the bullish zone with the MACD rising, both supporting more
upside price action.
The Shanghai Composite looks good for more
upside price action and Emerging Markets look as if they may want to continue the consolidation.
These events have, on average, been followed by three days of
upside price action in JD — and then by declining prices over the next couple of days.
The Shanghai Composite ($ SSEC) looked good for more
upside price action and Emerging Markets ($ EEM) looked as if they may want to continue the consolidation.
Not exact matches
The longer and tighter the
price action of a bullish base, the more powerful the
upside breakout tends to be.
As anticipated,
price action followed through to the
upside over the next few days, and quickly cleared the high of the wide - ranged reversal candle from March 12.
seems ez to see above a 50 % chance of a breakout to
upside on most of those technicals not to mention numerous news and recent
price action related reasons to jump on this band wagon.
But as long as the
price action is rewarding buying breakouts, buying into pullbacks, playing the
upside momentum then this is more important than any of your theories.
When the
price action hit the top rail that completed the seventh reversal point which would have put the diamond into the reversal category to the
upside.
Our stop loss on this setup would be around 100 pips and the
upside potential would be over 300 points, this is how professional traders look at the market; analyze levels, look at the
price action signals, nice tight stop and nice wide profit target.
USD / JPY
Upside Move USD / JPY OANDA: USDJPY fyfie Based on
price action slowing down, and a bit of basic analysis, I believe theres around 100 pips to -LSB-...]
The
price action followed through nicely to the
upside with strong
price and volume
action on March 12 and 13.
«
Price action continues to suggest that WTI bulls remain heavily reliant on geopolitical tensions and fears of supply shortages to sustain the current
upside,» wrote Lukman Otunuga, research analyst at FXTM, in a Thursday note.
Our stop loss on this setup would be around 100 pips and the
upside potential would be over 300 points, this is how professional traders look at the market; analyze levels, look at the
price action signals, nice tight stop and nice wide profit target.
Would you have had the patience to just do nothing for the 10 days of slow grinding
price action before the big
upside breakout happened?
The Shanghai Composite ($ SSEC) looked back to its downward
price action but Emerging Markets ($ EEM) were biased to the
upside with some caution after a big week with short term topping signs.
2/13/15 Continued Upward
Price Action 2/6/15 Continued Consolidation in the Uptrend 1/30/15 Consolidation with a Chance of Pullback in the Uptrend 1/23/15 Consolidation in the Uptrend 1/16/15 Consolidation in the Uptrend with a Risk of Pullback 1/9/15 Broad Consolidation in the Uptrend 1/2/15 Possible Pullback in the Uptrend 12/26/14 Continued Upward
Price Action with Possible Consolidation 12/19/14 Continued Uptrend 12/12/14 Continued Downward
Price Action in the Broad Uptrend 12/5/14 Uptrend Continues 11/28/14 Short Term Consolidation or Retracement Possible in the Uptrend 11/21/14 Possible Short Term Pullback in the Uptrend 11/14/14 Continued Upward
Price Action 11/7/14 Continued Uptrend 10/31/14 Continued Upward
Price Action 10/24/14 Short Term
Upside Continues in Long Term Uptrend 10/17/14 Possible Reversal of the Short Term Downtrend 10/10/14 Long Term Uptrend in Jeopardy, Downside Bias 10/3/14 Cautious Short Term Reversal Higher in Long Term Uptrend 9/25/14 Pullback Continues in Uptrend 9/18/14 Consolidation with an Upward Bias, in the Uptrend 9/12/14 Consolidation with a Chance of Pullback in the Uptrend 9/5/14 Consolidation Short Term with an Upward Bias 8/29/14 Uptrend Continues with Possible Consolidation 8/22/14 Possible Consolidation in the Uptrend
8/9/13 Consolidation in the Uptrend 8/3/13 Upward Bias 7/27/13 Consolidation in the Uptrend with a Chance of a Pullback 7/19/13 Continued Upward
Price Movement with Caution 7/12/13 Continued
Upside With a Possibility of Consolidation 7/5/13 Upward
Price Action in the Intermediate Downtrend in the Long Term Uptrend 6/29/13 Continued Rise in the Pullback in the Uptrend 6/22/13 Continued Pullback in the Uptrend 6/15/13 Consolidation with a Downside Bias in the Uptrend 6/8/13 Continued Uptrend 6/1/13 Continued Downside in the Uptrend 5/24/13 Short Term Consolidation or Pullback in the Uptrend 5/18/13 Continued
Upside, But with Caution in the Short Term 5/11/13 Continued Uptrend 5/4/13 Continued Uptrend 4/27/13 Short Term Bias For a Pullback in Consolidation Channel Within the Uptrend 4/20/13 Uptrend With Consolidation or Pullback Possible 4/13/13 Continued
Upside Bias 4/6/13 Continued Broad Consolidation with a Chance of a Pullback 3/29/13 Continued Upward
Price Trend 3/23/13 Consolidation with and Upward bias in the Uptrend 3/16/13 Continued
Upside with a Chance of a Short Term Pullback 3/9/13 Continued Uptrend with Some Caution 3/2/13
Upside Bias with Caution 2/23/13 Short Term Potential Pullback Within Longer Term Uptrend 2/16/13 Continued
Upside
If you draw the red zones anywhere from 10 - 20 pips wide, you'll have room for the
price action to do its usual retracement before heading to the downside or
upside.
We can watch any short - term
upside retraces for
price action sell signals on the 1 hour, 4 hour or daily chart, to join the downtrend, targeting support down near 1.2000 area.
Considering recent
price action, I'd agree RLD might drop a little further, but I'd expect it to bottom out around GBP 8p... and the
upside here is a lot larger — on balance, I like that asymmetry.
Hourly indicators show pair is losing previous
upside strength, with
price action closely attached to gold movements rather than stocks.
Commodity and Stocks Expected to Be Supported by Demand for Risky Assets Commodity and stock
prices are expected to continue to see support from investors demanded higher yields although short - term overbought conditions may limit
upside action.
The
price action now gives two Measured Moves to the
upside.
The Bollinger bands are open to the
upside to allow a continuation and the RSI is rising and bullish with a rising MACD all supporting continued upward
price action.
So the trader and analyst that I am, decided to flip it
upside down and try to find some
price action that might start making a bullish thesis more probable.
This second wave sets up the strong
price action that is viewed in the third wave powerful thrust to the
upside.
Price Action Tracker alerted me saying that Dash was testing a major support area and a potential move to the
upside from this zone.
I prefer to focus instead on looking at all my positions afresh every day / week, and asking what % holding (if any) should I now own based on the company's business / financial risk, its share
price action, its potential fair value
upside, the changing micro and macro risk environment, and the relative value of other holdings / buy list stocks.
Although Litecoin is displaying a downward bias from a technical perspective, the potential for an
upside move is just as likely when considering the
price action for Bitcoin and Ethereum for which Litecoin trades in tandem with.
The overall
price action is positive in the cryptocurrency market and there are possibilities of more
upsides in bitcoin.
After yesterday's
upside move, bitcoin traded in a tiny range around the USD 8,000 level, but with mainly bullish
price action.
In this morning's analysis, we noted that we were on the lookout for any
action that might imply a return to the overarching
upside momentum and, in turn, would give... Continue reading Bitcoin
Price Watch; Here's Where We Are Looking Right Now