Chart is self explanatory, This chart has good Risk Reward Ratio (RR Ratio). Entry shall be taken if sustains above previous high on 15min time frame (risk takers) for safe entry above trendline breakout
JSWENERGY | RSI Divergence + Falling wedge breakout - Looks potential for 25-30% CMP : 300 SL : 280 Target : 370, 400 Almost 1:4 risk reward setup
Dabur India forms a falling wedge pattern for quite a long time. The upward or downward direction is yet to be decided by the stock in the coming period. one has to be caution for making fresh position.
PNC Infrastructure stock is forming a Falling Wedge pattern. The pattern is formed from Sept 21 and continues. Lower support is at Rs 244 and immediate resistance at Rs. 310 & Rs.343. The present price of Rs. 272 is below the 200 DMA and 50 DMA.
BITSTAMP:BTCUSD is currently consolidating in a falling wedge pattern (hourly tf) after a steep drop. look to enter after close of breakout. Targets are open. Hold till momentum lasts. However there is good resistance it may face. (marked on the chart) A breakdown may also follow, continuing the bearish momentum. FIRST CRYPTO ANALYSIS.
BTC retested the diagonal support but with a lack of volume (check the last green candle though) I'm looking forward to how this will play out, but it's not a good sign imo. It could hint on some more downside before potentially going up. I'm personally still bearish on the lower timeframes (including the 4h). That's why I'm also shorting this one. Doesn't...
LUPIN | Channel breakout - Looks potential for 14 - 26% CMP : 943 SL : 910 Target : 1080, 1190 1:3++ risk reward setup for first target
Here is an analysis of ETHUSDT pair on 4hr time frame. There is rising wedge in long term pattern and falling wedge in shorter term pattern.
Hdfc Can't able to make new lows and making lower high so Clear sign to short HDFC
NSE:BAJAJFINSV A Falling Wedge Pattern has been cited on the 1day Time-Frame chart. If the Candle Sticks tend to break the Resistances caused by the Trend Lines, There might be a Strong Bullish Buying Opportunity.
After creating a new high, it broke the trend line and support was taken at a good level (2300 level). It tried to move up. Only if price action shows any movement above the channel can we expect a good entry into Hindustan Unilever Ltd. Below 2300, we need to wait for the postive triggger.
NSE:GSPL ====================================================== 📈 Swing / Positional Trade - Daily Chart | Pre-Breakout 📈 Buy above = 315.50 - 316 (Breakout) Stop-loss = 306 - 305.50 Target's = 375 - 376 R:R = 1:6 Pattern = Falling Wedge #ThankU For Checking Out My Content , I Hope U Liked IT ✅ ====================================================== 📈...
Hi Traders, A good quality falling wedge pattern formed in Lupin daily chart I am expecting a strong breakdown in the stock entry can be taken on retest on breakdown of pattern.
Here you can see that there was a rising wedge pattern on daily time frame for BTCUSDT which broke down nicely and currently is at support line. This is time to buy. There is falling wedge pattern on daily time frame which is yet to break out. So, trade accordingly. I think it is a bullish divergence. You can see why my analysis is so accurate by analyzing RSI...
Two falling wedge breakouts observed on the Bitcoin chart. The first one showing a strong and healthy breakout (with an above than average volume). The latest falling wedge breakout has been a disappointment so far. Volumes have been below average and the price seems to be struggling. A break below the critical support level marked by the yellow line could be...
JINDALSAW | Wedge breakout and retest - Potential for 23% CMP : 118 SL : 110 Target : 145 1:4 risk reward setup
GLAXO | Falling wedge breakout - Looks potential for 16% CMP : 1501 SL : 1430 Target : 1730 1:4 risk reward setup
GODREJCP | Falling wedge breakout - Looks potential for 20% CMP : 940 SL : 875 Target : 1000, 1130 1:3+ risk reward setup (2nd target)