Popular Today
Popular Today
Popular All Time
Newest
Charts and Videos
Charts and Videos
Charts
Videos

Wedge

The Wedge pattern can either be a continuation pattern or a reversal pattern, depending on the type of wedge and the preceding trend. There are 2 types of wedges indicating price is in consolidation. The first is rising wedges where price is contained by 2 ascending trend lines that converge because the lower trend line is steeper than the upper trend line. In other words: the lows are climbing faster than the highs. These wedges tend to break downwards. The second is Falling wedges where price is contained by 2 descending trend lines that converge because the upper trend line is steeper than the lower trend line. In other words: the highs are falling faster than the lows. These wedges tend to break upwards.

Conservative traders may look for additional confirmation of price continuing in the direction of the breakout. The target can be estimated through the technique of measuring the height of the back of the wedge and extending it in the direction of the breakout. A common stop level is just outside the wedge on the opposite side of the breakout.
praveen.bhatiya praveen.bhatiya CHENNPETRO, 1D, Long ,
CHENNPETRO: Broadening Wedge/ Morning Star Good RR Trade
26 0 1
CHENNPETRO, 1D Long
Broadening Wedge/ Morning Star Good RR Trade

Morning star candlestick reversal pattern at the lower line of Broadening wedge is giving earlier sign of reversal of this down trending stock. RSI also coming back from the extreme oversold zone telling the buy, moreover the trade is available at small risk of one bar stop loss so one try his luck as under Entry 276 SL 262 Target 311 RR Ratio ...

ravi2126 ravi2126 ASHOKLEY, 1D, Long ,
ASHOKLEY: Ashokley
85 0 1
ASHOKLEY, 1D Long
Ashokley

ashok is trading in rising wedge..good buy in range 140-150....

Einstein15 Einstein15 EXIDEIND, W,
EXIDEIND: EXIDE Rising Wedge
255 3 4
EXIDEIND, W
EXIDE Rising Wedge

EXIDE made a sharp move today with 14 times the average volume(on daily timeframe) to reach the top of the wedge on weekly. Awaiting a breakout/reversal on account of results.

rrajkumar86 rrajkumar86 SBIN, 60, Long ,
SBIN: SBIN Make or Break
101 0 2
SBIN, 60 Long
SBIN Make or Break

Above 248 Will touch 252 SL 244 Positive Divergence observed

SaravananM SaravananM XRPUSD, 1D, Long ,
XRPUSD: Ripple analysis - Best Long term investment
259 0 5
XRPUSD, 1D Long
Ripple analysis - Best Long term investment

The pair moves as falling wedge pattern such that breakout might happen soon to go up here after I predicts a chance of ripple will touch $6-$10 with in January 2019 Best time to buy now......!

ndkthechartist ndkthechartist BHARATFIN, 1D,
BHARATFIN: Bharat Financial
47 0 0
BHARATFIN, 1D
Bharat Financial

Rising Wedge pattern Breakout, now expecting more fall approaching the first target

MohammedJunaid MohammedJunaid KSCL, D, Short ,
KSCL: KSCL: SELL@480, SL 495, TGT: 455
17 0 0
KSCL, D Short
KSCL: SELL@480, SL 495, TGT: 455

KSCL Has broken down today on NSE with more than 4 times its average volume just below ichimoku cloud. which signals a sell. Since markets are volatile, it would be good to enter sell position on KSCL around 480 with SL of 495 and Target of 455.

mdyf28 mdyf28 BHARATFIN, 1D, Short ,
BHARATFIN: SHORT BHARATFIN Targets 1064-1050, SL 1152
22 0 0
BHARATFIN, 1D Short
SHORT BHARATFIN Targets 1064-1050, SL 1152

Rising wedge breakdown.

nimbuz90 nimbuz90 MINDTREE, 120, Long ,
MINDTREE: Falling wedge breakout
39 0 0
MINDTREE, 120 Long
Falling wedge breakout

Recently the stock has a given a falling wedge breakout on the upside. CMP is 1029. Expecting to enter on pullback till 1020 if it happens. Else will go long above 1036 for a target of 1060. Entry - Around 1020 zone if it pullsback or above 1036. SL - 1009 T1 - 1045 T2 - 1052 T3 - 1060 For study purpose Thanks.

Einstein15 Einstein15 ASIANPAINT, W,
ASIANPAINT: ASIANPAINTS Rising Wedge
148 1 3
ASIANPAINT, W
ASIANPAINTS Rising Wedge

ASIANPAINTS is making a rising in a wedge, respecting the trendlines. Currently testing the upper edge after a sharp ride the other day making lifetime highs. Awaiting a breakout/Reversal.

tr4d3ng tr4d3ng RELIANCE, 1D, Short ,
RELIANCE: Reliance - Rising Wedge
33 0 0
RELIANCE, 1D Short
Reliance - Rising Wedge

Rising Wedge with divergence in MACD

praveen.bhatiya praveen.bhatiya CHENNPETRO, 1D, Long ,
CHENNPETRO: Broadening Wedge
148 0 3
CHENNPETRO, 1D Long
Broadening Wedge

Stock has been moving in the Broadening Wedge boundaries making nice alternate touch. It has bounced from the lower boundary and retested it again today. RSI coming out of overbought zone. Ideally any closing above 309 should trigger a long trade however aggressive trader can buy the stock now for a target of 335. Disclaimer : All ideas and comments are my ...

praveen.bhatiya praveen.bhatiya RPOWER, 1D, Long ,
RPOWER: Bullish Engulfing/2B Pattern Reversal
112 0 2
RPOWER, 1D Long
Bullish Engulfing/2B Pattern Reversal

2B Reversal pattern formed as Bullish engulfing so it seems buyers are emerging at current level. One can buy the stock with SL of low of last bar for a target of above 40. Reasonable risk to reward ratio trade. Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

akhil1206 akhil1206 BHARTIARTL, 1D, Long ,
BHARTIARTL: Airtel is back
42 0 0
BHARTIARTL, 1D Long
Airtel is back

Falling wedge pattern....look fr buying opportunities above 402-05 areas fr the tgt 420 and above...keep swing low as major SL ....

praveen.bhatiya praveen.bhatiya HAVELLS, 1D, Long ,
HAVELLS: Broadening Bottom Breakout
112 0 5
HAVELLS, 1D Long
Broadening Bottom Breakout

Prices were moving in such a way that it has formed "Broadening Bottom" pattern. The pattern is perfect with alternate touches on both sides and it has given breakout today. Pattern trader can use the setup for their trading with price expectation of 575. Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading ...

nimbuz90 nimbuz90 SUNPHARMA, 60, Long ,
SUNPHARMA: Pattern within a pattern
141 4 3
SUNPHARMA, 60 Long
Pattern within a pattern

An inverted HS pattern has been formed inside a falling wedge. The stock has been consolidating inside a falling wedge pattern for the past month and finally has given a breakout. Now that the breakout is tested, We can go long above its swing high for a small scalp. It is also interesting to observe a Inverted HS pattern formed at this support juncture. Hence ...

pratik2358 pratik2358 SUNTV, 1D,
SUNTV: stocks to avoid (4)
108 0 4
SUNTV, 1D
stocks to avoid (4)

such stocks whose whole base to move is news ...BETTER STAY AWAY FROM THEM ...and safeguard our capital!!!!!!

sandipan.mch sandipan.mch BTCUSD, 240,
BTCUSD: Revised projection in usd...
219 0 3
BTCUSD, 240
Revised projection in usd...

disclaimer.. no active trading.... no cryptocurrency in possession at present not an investing/trading recommendation this is accessory to the euro projection which i have done.... https://in.tradingview.com/chart/XBTEUR/g2dVc21j-A-Harmonic-projection/

Show More Ideas 123456...9
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out
Browse
Video