Confirm after Fibonacci Retracement and Falling Wedge Breakout. !! swing trading !! !! follow 1:3 Risk Reward Ratio and 2% Rule !! !! please note trade with caution and manage your risk !!
the price is forming wedge shaped pattern,after breakout and retest of the pattern,we can look for BUY opportunity..
The current price of the stock being the same as it was in January 2003 and if it breaks the channel pattern, suggests to me that there could be an excellent opportunity for going long (swing). Comment and tell me what you guys think. Lets help each other and share ideas!
A rising Wedge patter is form and the price are resisting at 129/131 level. if the price breaks upward, BUY. Trade only with confirmation.
We can see a clear rising wedge formation on AUDJPY and there is a very high possibility of breakout of support, if it does then there is a chance of going on SHORT on this trade and get a minimum of 500pips in your pocket
GJ looks very good for a short. I entered at 132.270 after the retest. SL and TP marked. 70$ profit till now with 0.3 lot size. Let's see how it goes, absolutely love the RR.
Bank nifty under the patter of falling wedge... it has a crucial support at 17140 (which is april month candle low), Also there is a gap at 17317. One can take entry after filling the gap with stop loss of 17140 for a target of 18700. Please note, I am not a certified analyst . View shared here is only for learning purpose.
This is just to share my understanding and for educational Purpose. I prefer simple and apt technical. If you like it. Please share your feed back, this would encourage me to share further.
Considering 3 patterns Rising Wedge, Bollinger Band and MACD it looks the NIFTY and the whole Indian Market might collapse. Rising Wedge - The chart clearly shows a rising wedge a break from that too. So knowing rising wedge, it looks like the market might fall in the coming days. MACD - The signal and the MACD line seem too stuck to each and considering the...
You can clearly see that Kotak Bank forming a falling wedge pattern in an hourly candle, So we might test at the level of around 1130-1145. But in the long run, it will surely boost up.
nifty 50 support line touch in the previous candle my anyalis in market to reversal in upward direction in support line monday to open in nifty 50 +ve trend,Trend your friend
Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an...
levels are simple support resistance and are marked for persoanl project study one can learn from the same as well
M&M is looking good for shorting, just needs to break below that trendline inside the channel. On daily time frame, rising wedge is clearly visible after significant fall.
SHORT NSE:HDFCBANK Below 925 SL 936 Target 905/890 More details in chart.
NIFTY 50 Is Forming Rising Wedge in daily TF, if broke the TD(Break Down) it will good for short
Explained everything on the graph. Just a continuation of the Reliance Industries series.