IDEA and analysis is my personal view, take advice from your financial planner before any investment decision. All needy things mentioned on chart and my previous bank nifty analysis. If you like, please follow and share my analysis with your near n dear; and save your portfolio by booking your profit for a while. Happy investment😊
All the things I want to say is mentioned in the chart, please read it carefully. Besides that, Reason to this fall : 1.MARKET HAVE A STRONG SUPPORT IN THE MID RANGE OF 26500-26600. So we can expect fall up to that. And as per logical TARGET FOR A #RISINGWEDGE PATTERN is 2L , which is exactly DOUBLE of length L mentioned on chart. 2. RSI is showing ...
NIFTY BREAKS RISING WEDGE NEXT SUPPORT LEVELS 13355 13280 disclaimer - for study purpose only.
Market story - USOIL formed rising wedge pattern at 4 hour TF and expecting to reach S3 zone in following days
The range in which NIFTY is trading is shrinking. It has started forming a pattern which is The Rising Wedge Pattern. It is mostly observed that this pattern generally has a breakdown instead of a breakout but that depends on the market is never 100% guaranteed. But as it is said in stock market "History repeats itself" so we can believe to notice a break down in...
rising wedge pattern with negative rsi divergence.
Hey y'all as we can see a Bearish Rising Wedge has formed and now we can expect for a long bearish move. Let's see... Follow me for any update on this idea and other ideas to.
Nifty follow RWP since 2018 now it was on it RT higher chances to retest the below 12000 levels before go up.
The stock is trading in rising wedge pattern. CMP: 826 Target: 870, 900
XAUUSD : xauusd is currently going to sell down for beyond the technical analysis XAUUSD sell down REASONS : 1. Trend reversed into the down trend 2. Continuation Pattern : rising wedge formed.. 3. xauusd is corrective wave also completed to going down.........
Trading in a rising wedge. Support near 480. CMP : 493
Hello friends , Today i have the technical chart Of Havells India Ltd . Friends as you can see here that it was in a up trend but now it can go down because it is making a " Rising wedge " and Also Making Bullish Harami Candle Stick Pattern Which shows that i could be right at here . But remember that it can break upper trend line from where i have shown down...
Stock seems to be taking support at 50ema in daily timeframe. Close below 50ema (daily timeframe) can be used as SL.
AUDCHF has been spotted in rising wedge which is a bearish pattern with bias to break to the downside. Entry is around 0.65650 and take profit at 0.65350, roughly around 30 pips profit. Good luck! Tibor
On A Daily TIme frame , BankNifty has broken Rising Wedge pattern When Price Action is considered, Dynamic Resistance still needs to be broken at 21023 if we consider bull to come back but not before 21356. Multiple touch of upper trendline that makes dynamic resistance . Upper trend line was respected for almost 5 months. Looking further you will observe...
A rising wedge is a technical indicator, suggesting a reversal pattern frequently seen in bear markets.
Followup trade Levels mentioned on the chart Ex: Rising Wedge Awaiting breakdown of lower channel Be Proactive Trader Better Insight, Better Trade Execution Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Dhiraj Singh Bais Warrior at Battle field