Rising Wedge Pattern in progress, longs need to be cautious Levels as mentioned on the chart Long Term Bet: Maruti Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind
NSE:ADANIENT is trading inside rising wedge pattern. Now it's rejected from bottom trendline and formed good bullish candle. But it formed bullish candle with less or average volume. Still I hope that it will go upto atleast All time high.
In old school method or traditional technical analysis pattern which rises & are messy in nature are called “wedge”. In Elliott Wave analysis we call it “Ending diagonal or Type-2 diagonal” which ends the current trend. Both terms imply the same thing – reversal ahead or next. Index has been in uptrend since key support 17260 which was suggested as Part -B...
As we saw rising wedge formation and bearish divergence in GODREJ PROPERTIES on 15 MIN frame. Levels are and targets are mentioned in the chart itself.
Multi timeframe Bo + parallel channel pattern BO + good volume + trading above all MA Buy Point = 586 Target = 672 Stop-loss = 539
1. Rising wedge Support 2. Buy above 735 on Weekly closing 3. Stop lose Below 715 on Weekly Close (or) Bear candle open & close below 715 on daily
Symmetrical triangle & Rising wedge pattern formation on BTCUSD on a 4hr timeframe ! 🚫Disclaimer: I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments! Thank you!!! 😊😊😊
On Monthly Timeframe, NAM_INDIA current indicating reversal from it's support level. Expected it will continue it's long term uptrend towards the 500+ targets in upcoming few months.
Rising wedge is formed in Nifty Bank and RSI is also indicating Heavy divergence High risk takers can buy Jan 13 expiry Put and Low risk takers can go for Jan 20 expiry put for an expected fall of about 900 points
Rising wedge patter formation on AUDUSD on a 4hr timeframe ! Target should be around 0.7096- 0.6998$ ! 🚫Disclaimer: I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments! Thank you!!! 😊😊😊
Usdjpy is currently breaking out of rising wedge with in an ascending channel wach out break and further pullback to capialize on move to downside
Ada/usdt is making Rising wedge pattern and also giving a breakout on bullish side. If price sustains after breakout and retest the level we can go long on the trade
Once breakdown happens we can entered short. Ada is making Risng wedge pattern on 15 mins chart pattern. Ada is also taking resistance from 200EMA.
nifty future breaking of 16950--920 .. bears will activated
Have a glance at the above chart. We see AVAX has been following a rising wedge kinda pattern and according to fibonacci retracements & Fib Time we have 190 on the table. Also pay attention to the bounce that might happen according to the rising wedge, we also see a hidden bullish divergence Hold your bags! DYOR 💎🤝
Here is an analysis of ETHUSDT pair on 4hr time frame. There is rising wedge in long term pattern and falling wedge in shorter term pattern.
Stock- #Mphasis ( Hourly chart ) Date- 13-dec-21 Sector- technology Service Levels To Watch ... Buy - 3326 ( Trendline Support ) 1st Target - 3397 ( Resistance Line ) 5.29 % Strict Stoploss - 3159 ( below Support Zone ) R:R - 1:2 ( Decent Ratio ) Time Frame - few days Things In Our favour 1- Trendline Support & Upside Break 2- Bullish candlestick pattern 3....
As per Chart pattern kotak bank has been trading in rising wedge pattern. now kotak bank at lower channel point and support area 1800 Good swing stock for short term investment TARGET: 2050 2150 2200 STOP LOSS : 1800 Thanks & Regards OCCTANS TRADING SERVICE