Falling Wedge

rony.kris

Here is a short term trade for LTC. Currently LTC is getting traded at low volumes. Probably because of all the news in the media. It broke out of the pennant (falling wedge) and currently hovering close to fib level 0.786. If it manages to surpass this resistance then it'd find resistance at fib level 1. Now that is close to 20 points high. Looking at RSI,...

GSKASAR

INFRATEL has formed falling wedge pattern and is on the verge of upside breakout.

anandnst Updated 

Apollotyre cash looks good around 241-242 SL 237 Tgt 249-250/258/268 (cmp 245.7) (21 NOV 2017 - 10 PM)

Eatsleeprepeat Updated 

Falling wedge pattern have been observed in CAPF, after breaking pull back have been done. Can initiate buy at 61.8 Fib levels with Stop below Fib 50% level

GSKASAR

OFSS has formed falling wedge pattern on weekly chart & looks like this time it will finally breakout and head upwards.

GSKASAR Updated 

INFRATEL has formed falling wedge pattern on weekly chart. Long looks only when upside breakout happens.

Bravetotrade Mod Updated 

Notes on the charts. Hit like if you think this information is useful. Trade Safe, stay healthy Best Regards Afraidtotrade

raj3elite Updated 

Falling Wedge pattern formation on Tatasteel and its for day trade only. Trade: Buy above - 560.00 Target 1 - 562.50 Target 2 - 565.00 Stop loss - 557.00

raj3elite Updated 

Falling Wedge pattern formation on ACC and it will break only on long side but if does in other direction, consider as false breakout or pattern failure. Trade: Buy above - 1625 Target 1 - 1656 Target 2 - 1682 Target 3 - 1711 Stop loss - 1580

raj3elite Updated 

Falling Wedge pattern formation on Siemens and it will break on upside. Trade: Buy above - 1345 Target 1 - 1365 Target 2 - 1387 Target 3 - 1405 Stop Loss - 1317

Santhosh_S Updated 

It seems in Daily chart a Falling Wedge pattern formed on NSE:ARVIND . Once it Brakes the resistance, we can expect a sharp bullish rally. Go long after the brake-out as in the chart, target 428, sl 356. (Note: Stock market investments are subject to market risks. Do Your own study before making any positions)

manuagarwal21

This is the Chart of Quick Heal on the daily scale, A falling Wedge pattern did appear and the Prices breaks out downward. Though Falling Wedges patterns are supposed to breakout upwards, but here it breaks out downward. This pattern forms over a period of approx 6 months. Break out came with a gap , hence signalling price may go down further. Support for the...

GrowingForex

Hello Fellas, The pair is still ranging in 60 pips. there is no clear direction on the pair. A break above 1.0690 would trigger 1.0733 then 1.0766 & 1.0799. on the flip side next support lies at 1.0620,1.0600,1.0590. Trade at the breakout of the falling wedge & the resistance trend line & confirming it with the RSI & the Bollinger band. Note: Everything works...

raj3elite Updated 

Symmetric Triangle on SBI and it may break either side. one more formation called falling wedge ( combine with orange and top yellow line but it will break on top ( bullish). Moreover SBIN currently lying on Strong support and statement - MAKE or BREAK Levels for Long: (Make) Level 1 - 259 Level 2 - 265 Level 3 - 273 Levels for Short: (Break) Level 1 -...