BAJAJ FINSERV LTD.Short
Rising Wedge Breakout - Continuation Pattern - Risk Reward 1: 3
Updated
Short Bajajfinsv Below 5550
Stop-loss: 5745
Target 1: 5160
Target 2: 4955
Risk 3.50% & Reward 10.75 %
RR Ratio - 1: 3
RR is Calculated on 2nd Target.
Reversal or Continuation Pattern
Rising Wedge
Prices are moving upward, forming higher highs and higher lows, but the price is confined within two lines which get closer together to create a pattern. This indicates a slowing of momentum and it usually precedes a reversal to the downside. This means that you can look for potential selling opportunities.
Stop-loss: 5745
Target 1: 5160
Target 2: 4955
Risk 3.50% & Reward 10.75 %
RR Ratio - 1: 3
RR is Calculated on 2nd Target.
Reversal or Continuation Pattern
Rising Wedge
Prices are moving upward, forming higher highs and higher lows, but the price is confined within two lines which get closer together to create a pattern. This indicates a slowing of momentum and it usually precedes a reversal to the downside. This means that you can look for potential selling opportunities.
Note
Note
Note
Note
Call Not Active yet, Wait for price to go below 5550Order cancelled
TRADE NOT STILL NOT ACTIVE AND NOW PATTERN IS ALSO NOT VALID. It's Making an Ascending Triangle on 60 Min Time Frame.
Related publications
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.