APT moves in FALLING Wedge PatternAPT 1-day Chart Analysis
As per daily basis chart Analysis of APTOS is moving into Falling Wedge Pattern, from January after launching of this Token, means continue in Downtrend, but as par falling wedge bullish signals, after July it will be start moving again in Bullish mode, before that it will goes under Bearish Zone in July with Last Lower-Low Cut-off point at $3.8 to $4.2 approx.
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Fallingwedgepattern
Bandhan bank bouncing from a supportBandhan bank is continuous downtrend and currently, we can see a bounce from its strong demand zone of around 200 levels.
The stock is forming higher lows in smaller time frame.
Looks like a good swing stock for targets of 250 and above. 235 might also act as a small resistance.
Keep in watchlist. Trade as per your own analysis as this idea is shared only for educational purposes.
#Nifty #fallingwedge on hourly chartsNifty on hourly timeframe is showing a falling wedge formation with double bottom placed at the bottom of the falling wedge channel and also a very important support placed around 16800-16850 support zone band.
20 DEMA is placed around 17400 currently and as that acts a magnet, it can't be ruled out that price is going to a move around that.
This zone is also currently coinciding with the around 50 to 61.8% pullback zone of fall from 17800 to 16830 levels.
Price is also showing a consolidation in around 250 to 280 points range and a breakout above it would also suggest hourly double bottom range breakout, the range targets are also coinciding with similar target zone as visible from the above two observations.
So, possibility of 17350+ can't be ruled out in short term in Nifty and further assessment of price action can be done from there on.
Happy Trading :)
Approach towards USDJPY Long.Hello Traders!
It's a simple trade today. Very basic . Sometimes we tend to complicate the market when all it needs is simplification.
1. Falling wedge pattern with trend respected.
2. A comfirmation in 30 min tf (W pattern) and 2hr tf ( indecision candle and then a bullish reversal candle).
3. But still, as a precautionary measure, we'll wait for the the current high to be broken. Better safe than sorry!
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
MINDTREE LIMITED MID TERM TO LONG TERM SWING#MINDTREE LTD Falling wedge pattern breakout & Double bottom pattern breakout on weekly time frame and also posted good quarterly results, good fundamental stock. wait for retest and good entry level.
Buy around 3575 to 3630
1st tgt : 4000
2nd tgt : 4480
3rd tgt : 5000.
Stoploss 3470 on day closing basis.
Disclaimer :
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Falling wedge pattern reversal in HEROMOTOCO.On 1h Time Frame Stock Showing Reversal Of Falling wedge Pattern It can give movement upto reversal target of 2640+. There have chances of breakout of resistance level too after breakout of resistance level this stock can gives strong upside rally upto 2900+.
Falling wedge in S&P 500 4H chartS&P 500 index futures has completed a falling wedge on 4H chart. Falling wedge is a reversal signal and indicates lack of strength in the bears. Hence, we may see price correct back to 50MA (red line) and the wedge high of 3739.
We will watch for price action as it touches the 50MA. If the price reverses and bears come back at 50MA, bullish bet would be called off. If not, bulls are strong and 3739 becomes a fair possibility.
Falling Wedge Pattern in NIFTY possible 20350 after breakoutOn daily time frame nifty trading almost near the resistance level of falling wedge pattern. Expected breakout of this level. After breakout if nifty sustain above 17750 level then possible strong upside rally upto 18600 level and this can be extend upto 20350 level in short term period. Downside can place stop loss at 17200 level for this long side view.
Disclaimer: Consider this view as an education purpose only. Before taking any position take an advise from your investment advisor.
[Short Term]Falling Wedge Pattern In NIFTYIn this chart showing different possibilities of long side and short side trade positions in NIFTY. Currently it is trading in Falling wedge pattern on daily time frame. Current trend of nifty will change only if it gives breakout of resistance of inside falling wedge on daily time frame. Once breakout of this pattern possible strong upside rally in nifty upto larger falling wedge pattern resistance. Any major downside now only possible if nifty starts trading below support level.
LIC Housing Finance Buy SignalThis stock has formed Falling Wedge pattern with good intensity of volume . One can go Long when 346.80 level is broken and start accumulating quantities in systematic way. After it breaks the channel and retest the channel, invest your entire capital per stock that you have allotted as per your total capital.
NTPC [falling wedge ]SAME AS MMTC
A falling wedge chart pattern is known as a continuation and reversal pattern.
I am not a sebi register this only for education purpose .I am not responsible for any loss or profit
I am study of price action so this my study , any mistake in study of review on this stock .please clear my study mistake ..
thanks
MMTC [falling wedge chart pattern ]my holding stock
A falling wedge chart pattern is known as a continuation and reversal pattern.
I am not a sebi register this only for education purpose .I am not responsible for any loss or profit
I am study of price action so this my study , any mistake in study of review on this stock .please clear my study mistake ..
thanks