Falling Wedge? Is TCS is gradually forming a falling wedge?
Period under observation is the month of Jan 20. Price has posted lower highs and lower lows.
Trade closed: target reached
One can discern from the candlestick chart that an upward movement is the culmination of a breakout of falling wedge.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.