Rising Wedge

We are doing USDJPY Analysis in Daily Time frame You can keep an Eye on USDJPY it is forming rising channel pattern you can take a trade on the breakout of this pattern. Note: This is only for Educational Purpose this is not Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan

A rising wedge at the verge of breakdown, but with a good support around 950 - 955. Breaking 950, the stock could seek support around 930, 910. Below 910 the next stop could be around 870. Besides, a sell on rise candidate around 995 - 1000; with a SL of 1015. The charts posted by me are only for learning and not for trading purposes! I am not responsible for...

The steep rally in AUD/NZD is losing its steam. It is marked by the formation of rising wedge pattern in the hourly chart. As expected, it vented a bearish breakout. Also, the MACD indicators has turned bearish and posits a incrementing bearish momentum. Hence, we have a bearish view of the counter for the short-term.

Tata Motors has huge probability of falling today. Tschnically Tata Motors is creatingr rising wedge and reached the resistance level. Today if it brokes the resistance level then the stock will increase in the coming days. But it is most unlikely things going to happen, as confirmed by technical indicator ADX. ADX is in decling phase which means stock trend is...

We can clearly see a rising wedge formation in the chart. Look for breakouts.

Rising wedge breakdown. TGT & SL highlighted in the chart.

As mentioned in the chart, looking at the level at which Banknifty currently is, there is at long term trendline resistance,a rising wedge which seems to have come to an end and a possible Head and Shoulders pattern in the making. Would look for shorting opportunities here with a stop few points above 27900 for a target around 26400 and 25600...

MGL sell Below 834.60 Stoploss - 855 Target - 756 Risk - 2.42% & Reward 9.42% RR Ratio 1 : 3.90 Reversal or Continuation Pattern Rising Wedge Prices are moving upward, forming higher highs and higher lows, but the price is confined within two lines which get closer together to create a pattern. This indicates a slowing of momentum and it usually precedes a...

Short Bajajfinsv Below 5550 Stop-loss: 5745 Target 1: 5160 Target 2: 4955 Risk 3.50% & Reward 10.75 % RR Ratio - 1: 3 RR is Calculated on 2nd Target. Reversal or Continuation Pattern Rising Wedge Prices are moving upward, forming higher highs and higher lows, but the price is confined within two lines which get closer together to create a pattern. This...

kmdbtc. there are both rising wedge and inverse head and shoulders.

there are too many expectation in this chart. just for fun. let see what will be happens?

is there a head and shoulder? or a libra? a rising wedge for sure! let see. trying a short position just under the neck line.

INFOSYS IS SELL FOR TARGETS OF 590-550. REASONS: 1. IT IS AT A UPPER DIAGONAL OF A RISING WEDGE (BEARISH PATTERN). 2. 5TH WAVE OF DOMINANT WAVE IS COMPLETED. NOW CORRECTIVE WAVES WILL START. STOPLOSS: "ABOVE SWING HIGH OR AS PER RISK BEARING CAPACITY"

NIFTY IS MAKING RISING WEDGE FORMATION.

Rising Wedge: Target 250 levels; SL:345 Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.

According to the double top formation, the target is 312, which is yet to be achieved. In case that is achieved that would mark as a breakdown for the rising wedge thereby indicating more downtrend. As per the Rising wedge target: 265 Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.

possible big move downwards if weekly trend line is broken.

Ether is currently trading in a well formed rising wedge. This is an indication of a bearish move and there are possibilities it may breach the bottom trend line (orange). If it breaches it then it will find support at fib level 0.618 (~$693). 2nd support could be found at fib level 0.5 (~$676). These support levels could be possible reversal zones for Eth (The...