Price forming a falling wedge pattern and this pattern has the character of breaking up side at the end. If price rejects now and goes down then one can go long at the support level to capture the full move of this break.
Observation: RSI divergence Probable Bearish Island reversal Rising wedge
Falling wedge breakout and quarterly results Buy on pullback around 677 Target 1: 787 Target 2: 852 Profit potential of around 15% to 25%
Price forming a falling wedge pattern and got the required pressure to break the pattern. If you find my analysis helpful . . . . . Please show your support back by hitting 👍 LIKE button, Your Support is very much 🙏 appreciated!
Zinc levels...04/11/2020 (1hr Candle)
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.........
Voltas is forming a rising wedge and the current price is very near to a resistance zone . It might go and retest the zone and then fall.
Observations:- This stock nicely follow -> 20-200 EMA Cross over multi-bagger medium-term pattern (Signal MEB in the chart) ->5-8-13 EMA Cross over for the short term (Signal 3EB in the chart) -> 20 EMA works as support resistance for this stock The indicator is available for testing - 5-8-13 & 20-200 EMA Cross Over Currently buy reasons 1) Stock closed above...
IOLCP | Based on Result & RSI Divergence. Lets see if it is giving wedge breakout. May see 17% if worked. CMP : 670 SL : 640 Target : 780 1:3.5+ risk reward
Trading in a rising wedge. Support near 480. CMP : 493
bank nifty levels...26/10/2020 (1hr Candle)
Forming falling wedge pattern in weekly chart, with high volume
Price after the big up movement now formed a falling wedge pattern which has the character to break up side. Safe player can look for strong close above 485 other risk takers can go long now with small stop loss below previous low with buffer.
Crude levels...22/10/2020 (1hr Candle)
bank nifty levels...22/10/2020 (1hr Candle)
Possibility for Double Bottom breakout. Breakout form Wedge pattern.