From the last idea- WaveTalks: Nifty-Can Bulls Bounce Back?- The Irregular Triangle
Few Adjustments done. Wave- D has been changed to 17941 Highs as discussed over the last idea.
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On the daily we're forming a higher high. We're right now in a rising wedge. It looks like a healthy uptrend. But be cautious since everybody is #bullish on #Bitcoin & #Crypto right now.
EXPLANATION : This is a 4 hour time frame chart of LARSEN & TOUBRO , It has formed Rising wedge pattern breakout also formed head and shoulder pattern . Ideal entry is breakout and retest of Rising wedge pattern & Right shoulder of head and shoulder pattern . Enter as per your setup .
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ICICI bank's price has been forming a rising wedge pattern which has got broken today.
According to the height of the pole and XABCD bullish shark pattern, the target is set at 647.
The trade setup is to buy ICICI when it reaches 647 or short if there's a pullback to confirm the fall.
The stoploss here is to place at C according to both the patterns, which is...
LT is rising in a Wedge pattern. Soon after the trendline breakdown and a retest, a consolidation will happen with a Target of 150 points.
Please share your valuable feedback.
DJI's significant "Strong Weekly Closing" confirmed breakdown. Besides this, extreme volatility spurt in VIX too signaling the weakness. Although i am a learner. But this is somewhat remarkable. So sharing this view!
Thanks
Piramal Enterprise Ltd formed a Rising Wedge on the daily timeframe.
Right now, the price has given a breakdown and is near a support/demand zone that previously acted as a resistance/supply zone.
AU Bank made a rising wedge pattern on daily timeframe
After a bearish engulfing candle it made inside candle
on low of this inside candle we can make a trade of downside with stoploss of high of inside candle
it can be a fast movement targets are provided on chart
Keep it in watchlist and also check banknifty along it.
After five weeks of consecutive gains, Bitcoin is facing a bit of a hurdle from the psychological level of $50K. BTC formed a Bearish Doji kind of a candlestick pattern in the last week and dipped minutely by ~1% to close the week at $48,802. BTC has had a volatile last week due to the August monthly expiry in which $2+ Bn F&O contracts expired. At the time of...
As I mentioned in one of my earlier threads, I think we’ve got the confirmation to open up a short position on BTC/USDT. This is because we broke out of the rising wedge (the white line). Besides this, we’ve got 3 consecutive red candles on the 4h which makes it a good short opportunity. My take profit is around the 45K level (the green line). But since we’re in a...
Btc is forming a rising wedge and now it broke down it! the main resistance is 49-50k and the critical support is 45k if hold above it we can expect move upside and can can came back to 40k or even 35k level so trade with tight stop loss. Also we can see a that the rsi is forming a bearish divergence. you can see a similar situation earlier. its better to avoid...
