Market forming an falling wedge pattern structure formed, wait for an trend line support or resistance level breakout after entering the trade
hey guys , after a long DOWNTREND , PAYTM stock has shown a signs of recovery , from the very FIRST DAY , this stock was completely controlled by bears but now , this stock was following a chart pattern called FALLING WEDGE last week , this stock was trying to cross this pattern ans it was SUCCESSFULLY COMPLETED . And now this stock has retested and it has...
#ASTRAZEN (D):- CMP 2966.8 Looks Good above 3050/3100 For More Upsides :)
Pidilite making a good falling wedge pattern. Look out for sustainable breakout. Levels mentioned in chart. Follow strict risk management.
Good day to everyone! NIFTY price action is trapped inside a Descending Broadening Wedge (Blue lines). The Good News is that Descending Broadening Wedge is a Bullish or Continuation Pattern. Since the long term trend is uptrend, the probability of the trend continuation is higher which is bullish . Where is the bottom? The price action is currently...
Bank nifty "Ascending Triangle" and "Rising Wedge" In one hour time frame.......... wait and see......................................................................?
.entry above 47 . SL -low of entry candle or 7-10% . target - 1st-54, 2nd-61 One should take entry after closing around 47. Happy weekend.
RADICO | Trendline breakout - Looks potential for 15-18% CMP : 873 (Dip : 845) SL : 820 Target : 1000 1:3 risk reward setup
MCX has given the breakout from the wedge pattern, keep it under the radar.
On 2 hour time frame there is a breakout of falling wedge pattern in BHARAT FORGE !!! There are chances of two scenarios or cases that are discussed on chart. Swing entries can be made in BHARAT FORGE. For entries , SL , targets watch the chart. Hit the like button and follow me for more chart analysis posts !!!
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Wait for the trend line breakout after entering the safe trade Symmetrical triangle pattern structure formed inside the Rising wedge pattern formed
ETHUSD ANALYSIS for trading purpose Market forming an falling wedge pattern It's time to buy Target 🎯1240.48
In this chart showing different possibilities of long side and short side trade positions in NIFTY. Currently it is trading in Falling wedge pattern on daily time frame. Current trend of nifty will change only if it gives breakout of resistance of inside falling wedge on daily time frame. Once breakout of this pattern possible strong upside rally in nifty upto...
This share is now support area and trade are limit band zone with support and resistance. And given the all target SL and entry level up and down side. And very High probhility up side zone trading area. If cross than 21 EMA
I daily make educational content videos on financial markets
I absolutely loved this stock as right now its the perfect time to enter the stock. It will form cup and handle pattern eventually. Right now the RR ratio for the stock is highly favorable for a medium term swing trade. And if we are patient enough and if the stock gives a BO of that cup and handle then we will enjoy a lot of profits Disc applies.
Reliance chart has been analyzed as per Elliott Wave Theory . Here what we can see is NSE:RELIANCE is going to make a fall in the higher time frame. Any query is welcome.