NIFTY 50 Is Forming Rising Wedge in daily TF, if broke the TD(Break Down) it will good for short
LICHSGFIN Sell below 253.35 (Rising Wedge)
BAJAJ AUTO - according to my previous idea mentioned below, BD happen today, forming another rising wedge good to short below 2405.
HERO MOTOCORP Sell below 1985 (Rising Wedge)
I see a Rising wedge pattern in BTC/USDT. There is a lot of Resistance between 7200 and 7400. A Short pump and Dump is expected. Be vigilant and don't give in to Greed.
Nifty will breakdown if it closes below the 20EMA in 5 mins Chart. Nifty is in a Rising Wedge Pattern. Target is 11335.
Comment your view.
At present raising wedge pattern formed.... Targets and stop loss are mentioned in the chart. t.me
Breakout with huge volume on weekly timeframe, also cleared 50 weekly EMA. BUT it's a RISING WEDGE in downtrend, need to be cautious. Breakout on either side will give the clear setup.
Bullish breakout expected but have to wait until tomorrow.
small retracement needed after facing resistance rising wedge SELL 209 SL 213 TGT 204 200
Below 30398 tgt 30163 sl 30523 or it may retrace with diagonal resistance line
Breakout from rising wedge looks good for a buy opportunity
1. Rising Wedge pattern 2. Reversal candle at 61.8% Fibonacci Target: 11200
The pair was moving in a steep rising wedge pattern from the past 1.5 months. GBPINR, in the previous session, gave a daily close below the lower trend line of the wedge pattern, confirming a breakdown. In doing so, the pair also breached crucial support of 21 days EMA (88.1609). Now, it is susceptible to heavy selling that can take the price to 86.5692. The stop...
facing strong resistance near to wedge pattern good risk reward
Bata has been in a sideways channel on the daily timeframe for quite a while. The stock is approaching the 3rd touch of this channel at the top. The interesting thing about this is, it is approaching the top in a rising wedge formation giving us an idea of a potential dip in the stock. If the stock breaks this small rising wedge formation it has the ability for a...
Rising Wedge pattern observed in BPCL. Pattern looks to have confirmed suggesting a bearish outlook. Target depth of wedge is around 128 points. With confirmation of pattern occurring at 364, Target of the pattern comes in at 236. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as...