vanathi

Pattern Series 1 - Rising Wedge Pattern!

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vanathi Mod Updated   
NSE:ADANIPORTS   ADANI PORT SPECIAL
Price range is narrowing now forming a rising wedge pattern. Rising wedge is a bearish pattern. Price range is wide in the bottom and narrows when price moves higher. Volume will decline as prices rise and the price action forms a wedge. Price will fall when the support is broken.
Comment:
Here is an example!

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