GLMRUSDT gave breakout from Falling wedge pattern, with Bullish divergence and is currently following a trendline. Seems It's going to make good upward movement from current levels. DYOR
HINDCOPPER formed wedge pattern and is about to give breakout. Keep it under radar.
Levels mentioned on the chart. SL based on daily closing.
Hello traders, this is a detailed analysis of bitcoin. some important levels and patterns that might help you to know where it can go. BTC is very beautifully respecting the levels and hoping it to respect them further. last time bitcoin fell around 53% and the same correction was being done again. history can repeat and maybe it can start it's bull run again....
its is a falling wedge chart pattran we can go long with 1:2 risk reward ratio
NMDC has already come out of the falling wedge pattern and now on verge of a break out from a major resistance. Please lookout for the volumes to get the confirmation.
In old school method or traditional technical analysis pattern which rises & are messy in nature are called “wedge”. In Elliott Wave analysis we call it “Ending diagonal or Type-2 diagonal” which ends the current trend. Both terms imply the same thing – reversal ahead or next. Index has been in uptrend since key support 17260 which was suggested as Part -B...
Levels mentioned on the chart. SL based on daily closing.
Dear Traders, As we can see Bio-con was in Channel Pattern and after it now it was consolidating in Triangle pattern. Today it has given Good Breakout with gap. Normally, people wait for gap to fill and after that they take the trade but here, buying is so good that people are buying without Gap Filling. Also, those who has patience and waiting for gap to fill...
with recent low (27th jan 12:15) to yesterdays high drawn a fib today nifty's high was near about 0.6 fib lvl which os considered to be good lvl of retracement if you considered previous few session kind of wedge pattern is forming if the price breaks the arrow line then it can fill up today's gap upto 17625 just above the 0.6 fib lvl can be stop loss
hey traders, So today i am seeing a falling wedge breakout which is a bullish sign one can take a trade at current levels or after retesting the breakout 2H/4H chart ADX and RSI are showing strength RED lines are target or as per risk apetite and yellow line is for stoploss Hold for some day LIC IPO can trigger for further upside And before entry do your own...
#DMART took support at falling wedge support line which is also 200 EMA for the stock. One can add in parts with an sl of 3900 below DCB Possible targets 4700-5100. #swingtrade #cashtrade #positionaltrade
Falling wedge pattern. Good volumes in last few days. Can give good break out of pattern. Levels mentioned in chart. Follow strict risk management.
Asiantiles is forming descending wedge pattern and it is support level.
As we saw rising wedge formation and bearish divergence in GODREJ PROPERTIES on 15 MIN frame. Levels are and targets are mentioned in the chart itself.
NSE:BANDHANBNK shows falling wedge after it broke week trend. Buy after it broke upper line
The Trade is based on the following observations : ~ Testing the same key zone level multiple times. ~ Potential consolidation formation. ~ Sellers have very low volume. ~ Retest candle is like a Bullish Engulfing pattern. ~ Summer Season + Real Estate Cyclicality Proxy Play. ~ RR > 1:3.0 The chances of trade playing out are 70 % (premium members are already...
Price Action Wedge Broken Indicators Lower Time Frame 1D Time Frame 1) Upper Bollinger Band Broken 2) RSI > 60 3) ADX Raining 4) MACD Buy signal Higher Time Frame 1W Time Frame MACD Buy Signal