Falling
Falling wedge in BPCLNotes:
Very steel falling wedge pattern.
Since the pattern is a bullish setup, any close above the trendlines might take it upto the level marked in green.
Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
Glenmark forming a Rising Wedge Pattern- Stay Invested or ExitGlenmark forming a Rising Wedge Pattern- Stay Invested or Exit.
A Pattern within a Pattern. A long Term Rising Wedge Pattern and a triangle pattern within it.
To go long it has to break the triangle pattern first and the 52 week high at 658.20 and the trend line. The RSI is also falling.
Iam in a dilemma whether to exit now or to wait for my Target at 705.90.
Vedanta , Long , Falling wedge What is Falling Wedge chart pattern?
Rising and falling wedges are a technical chart pattern used to predict trend continuations and trend reversals. The falling wedge is a generally bullish pattern signalling that one will likely see the price break upwards through the wedge and move into an uptrend.
How does it work?
The falling wedge is a bullish stock pattern that begins wide at the top and contracts as prices move lower. It occurs when the price is making lower highs and lower lows which form two contracting lines. The falling wedge usually precedes a reversal to the upside, and this means that you can look for potential buying opportunities.
Volume decreases during the formation of the wedge and should expand on the breakout.
Mith is Running under Falling Wage PatternMith is Running under Falling Wage Pattern. Buy when the price Breakout from this pattern. At present it is at 110 satoshi.
$BTCUSD 12H possible Inverse head and Shoulder If Break 71-72 $BTC 12H update Running 4th wave now also if price go below 7K then possible 5th wave around 6k 5500 level
Fractals possible history repeat 2018 bottom dec
Dec bottom Jan feb sideways
March for $BTC
$BTC still downtrend channel /flag Weekly bullish above if $BTC break flag 9700-10300
Caution : Negative Divergance on daily charts of Nifty 50...Nifty is showing three strong signals for correction
Signal 1 : A Negative Divergance is seen on the daily charts of Nifty 50 which is showing weakness...
Signal 2 : On weekly charts a Shooting star pattern is forming...
Signal 3 : RSI at weekly charts is highly at overbought zones...
Now for next few days small cap may run and many people will turn bullish & will enter at higher price and may face losses...
Be cautious... Do your on study before making any positions...
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