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Wedgebreakout

SOLANA into Falling Wedge Pattern#SOLANA at 2hr. Chart Analysis As per present movements of CRYPTOCAP:SOL under dual mode of Falling Wedge Pattern, its again completely Bullish to break-out pattern after completion of chart and goes towards $30k soon again in this month up to 25 to 27 July. Whenever CRYPTOCAP:BTC goes down, it's last cycle of downtrend complete and after that it will be into bullish trend for another time break-out of $30k to reach at $32 to $35k mark. Always #DYOR and Trade Wisely by using #StopLoss, It's #NFA And, Must LIKE< SHARE, & COMMENTS on it...
SLong
by AskToRahulSirohi
KIRLOSKAR OIL Trendline Break1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price) 4. Sell on initial Stop Loss hit or RSI close below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop After a mild pullback NSE:KIRLOSENG is trying to resume its uptrend, one can buy the share with a stop at ₹386.50 Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
NSE:KIRLOSENGLong
by akashbothra
Refex Industries - 25% of Upside!Refex Industries opened up with a gap few sessions back. It has created a wedge then, a gap and then a wedge and now a breakout, Can't be strong technically anymore. The price has a potential to move to the upside of 25% straight. PS - I am founder of Tactic, we get you the Trade Ideas of top SEBI registered users across Intraday, BTST & Positional. We are trusted by 1000 users, we will be glad to have you as a user. Do check us out from my bio. Thanks
NSE:REFEXLong
by parvezdosani
3
BITCOIN at Rising Wedge in BearishZoneBITCOIN 1-hr. Chart Analysis As per present Scenario in BTC, its moving perfectly into Rising Wedge Pattern. So, it will be try once again a Uptrend cycle up to $31,950 and reverse back very fast into Downtrend cycle up to next 48 hrs. maximum. While, as per FIB extension, BTC chart displays every retracement of down cycle towards FWB:27K Always #DYOR before invest in Crypto Trader's always use #StopLoss at this situation Must, LIKE & SHARE
CRYPTO:BTCUSDShort
by AskToRahulSirohi
2
'GOLDIAM' ready to boom like 'GOLD' !!!We all have witnessed the bombastic rally of Gold & Silver, now it seems that companies that are engaged in business related to gold & silver are going to buzz. Let's have a detailed overview of the stock in prominent timeframes. Daily Timeframe: - Goldiam has shown a breakout from a right-angled broadening wedge pattern which was under construction for the last 4 months. Thunder Volumes supports the breakout. Also, there is an RSI breakout which indicates the strength of the stock. All moving averages were been converged, and now slowly 20DEMA is diverging and crossing above all important moving averages this indicates that the stock has finished the choppiness and is ready for a fresh move. Weekly Timeframe: - Goldiam is breaking from a time-long consolidation phase after base building formation. Record Volumes this week indicate strong interest in market participants. RSI is also given a breakout from a channel and now sustaining above 60 which confirms the strength. My Observation: The only thing to ponder is the Daily RSI is at 79, and Goldiam has shown a continuous move of almost 20% in the last 4 days, so I must suggest to deploy 50% position now and wait to cool off i.e. accumulate around 155-150 which is the breakout level.
NSE:GOLDIAMLong
by Chaser30
2
Nifty501. Rising wedge 2. Inside candle @ 1hr 3. Important support -18080 and 18000 4. Closed above 50 MA 5. Downtrend in 1 day The nifty 50 is continuously moved upside, looking closely we can see that it is moving in a wedge pattern i.e RISING WEDGE. Taking Support at 50 MA and ending up with an Inside Candle bar pattern. Important levels to trade - BUY above 18150 which shows that it had respected the 50 MA and 18080 as support. Sell below 18000 which shows that it crossed 50 MA and 18080 thus looking for a bearish move and also BREAKING DOWN the RISING WEDGE pattern successfully.
NSE:NIFTY
by SUTHARTRADE
2
Gold bears need to crack $1,770 hurdle to retake controlGold bears struggle inside a one-month-old rising wedge bearish formation, recently bouncing off the support line. The 21-DMA adds strength to the confirmation point near $1,770, which is the lower line of the pattern. A clear break of the same could trigger a slump toward nearly four-month-long horizontal support surrounding $1,730. Following that, the $1,700 threshold and the theoretical target of the rising wedge, close to $1,650, will gain the market’s attention. Meanwhile, the $1,800 round figure and the upper line of the stated wedge, around $1,818, could lure gold buyers. In a case where the metal crosses the $1,818 resistance, the 78.6% Fibonacci retracement level of the mid-June to late September downside, near $1,821, could challenge the bulls before giving them the throne. In those conditions, $1,858 and $1,880 may act as buffers during the north run that ultimately aims for the $1,900 round figure. Overall, Gold price loses upside momentum but the sellers have a tough task to retake power.
OANDA:XAUUSD
by MTradingGlobal