On daily timeframe, BHANDHANBNK shwoing falling wedge pattern breakout. After this breakout expected it will rise upto 425+ level in upcoming few trading session. Downside possible if not sustain above the breakout and starts trading below 275 level. Possible trade for this stock is go long above 305 with stop loss of 275 for targets 350 and 425+ for short term.
EXPLANATION : This is a 1 hour time frame chart of ITC . The stock has been consolidating for days in a descending channel and formed Falling Wedge pattern , If stock taking support from Demand zone we buy at the bottom and sell at the top. I am seeing a very good buying opportunity in ITC because of many reasons . If give a strong breakdown and broke its Demand...
INDUSINDBK falling wedge pattern. Long abv 1109 for target 1120. ONly for intraday.
JINDALSTEL | Breakout from falling wedge - Potentially 20% CMP : 408 SL : 380 Target : 500 1:3+ risk reward setup
JUST A VIEW Falling Wedge When a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, price...
Falling wedge pattern formation on 1-day timeframe. Can expect bullish momentum after breakout
Falling wedge pattern is seen in Daily period on TATA STEEL scrip. A possible uptrend is possible with strict SL in place. Have a look at the chart for more information.
Some TA Follow and like for more this is a falling wedge + three drives i am looking to long 36k i am already in a short from 52k hope you have good evening
Falling wedge pattern in RBL Bank Limited.. wait for the breakout.
Bitcoin is still moving within the falling wedge and as you can, a double bottom (indicated by the yellow lines) and has formed on the 1H. So, the technicals are bullish on the short timeframe, I’ve scooped up some cheap crypto and on the 4h we got a massive rising wedge. But I’ve got more stables to buy in IF we eventually decide to go lower. This is my...
Fourth stock came to our scanner is : INDIABULLS REAL ESTATE Entry : 145 SL : 132.50 Target : 171.50
Since everybody is screaming mayhem and is bearish I tend to think otherwise and I’ll explain why. We’re seeing a lot of downside action (what I’ve been saying for a while now) thus doesn’t look very surprising to me. Meanwhile the fear & greed indicator is indicating 22 which means fear hit the crypto market while I’ve scooped up some extra crypto. I think that...
bitcoin is looking very bullish for the week as bitcoin is breaking resistance again and again . once again it is making a falling wedge pattern which is a bullish pattern and if this wedge breaks out then we could see upward movement is price . so keep your eyes open as i think bitcoin is soon gonna touch is psychological resistance at 50k which is a very...
I’m currently seeing a falling wedge on the 4h. It’s clearly visible that we got a rejection on the 3388 level. I think that if we break out of the wedge we will hit the technical target which will be at around 3500 approximately. It looks like we found support at the 3248 and 3199 level approximately. Keep in mind that we’ve also got a bullish divergence as...
bitcoin is making a falling wedge pattern . this is a bullish pattern and if it breaks the upper resitance of the falling wedge then this could be your last chance to buy bitcoin
Given breakout in Daily TF. Can break the falling Wedge in Weekly TF too. Could be a good early entry above 138.
Falling wedge breakout pattern in 3M India Ltd. good time for long position
Hello guys in chart you can see it is forming "Falling Wedge Pattern", if this pattern gets breakout than its take profit target would be $1.68....So guys just keep eyes on WRX.