Breaking out of a falling wedge pattern with volume.
📈 Exciting times for SAIL!🚀 Anticipating positive trends in the coming days. 📈 The steel industry is buzzing, and SAIL seems poised for growth. 🏗️ DYOR, and let's see where this journey takes us! #SAIL #StockMarket #Investing #BullishOutlook #SteelIndustry
entry above the line( sloping line) stop below the line ( horizontal line) consolidation breakout ( triangle pattern )
Consider this as my own diary and not as a buy/sell recommendation service. I don't advise pull back trading opportunity entry above the loping line stop below the line pull back entry short term swing trading opportunity
The stock has broke out of a falling wedge pattern with good volume and rsi also shows a bullish convergence/ divergence
BALAAMINES (1D TF) Swing Trade Analysis given on 18th December, 2023 (Monday) Pattern: FALLING WEDGE BREAKOUT - Breakout of Resistance - Done ✓ - Retracement & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #balaamines
A clear break of falling wedge is seen in ethereum . This break has potential to take eth to levels of 3000 !! But a strict sl of 1950 should be kept . Happy Trading :)
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Falling Wedge 📌 Symbol/Asset: RAIN 🔍 Description: Stock is forming falling wedge pattern around the Long Term Support. We can clearly see bottom is in making. There is a strong support of around 130-135 and we can see huge bounce from hereon. Rain Industries is a Buy On Dips. Not to Miss this opportunity....
#SUI / D1 : Sui is trading inside a rising wedge and it is repeatedly testing its resistance trendline. If the resistance gets broken, Expecting a 40% bullish rally as per textbook pattern target. Also, Rising wedges mostly tend to break upwards during bull markets.
#NIFTYMETAL Sector Analysis (1W TF) PATTERN: RISING WEDGE BREAKOUT - The Metal sector has shown a fabulous up move since beginning of 2023 - Wait for Breakout of the Resistance Zone OR Reversal ! #stocks #swingtrade #chartanalysis #priceaction #traderyte #india #indiagdp #StockMarketindia
overall trend is down recent history suggest waiting for a big red candle to break this type of wedge pattern then only enter so here is the plan
Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Falling Wedge 📌 Symbol/Asset: WDP DISNEY 🔍 Description: Stock is around long term support. Stock might not come around the same level again . Stock is also making falling wedge in a downside rally, so we can see huge momentum after falling wedge breakout !! We can expect minimum 200-400% returns in coming years...
Tanla Platforms has shown a reversal around 200EMA and 50% Fibonacci Retracement. It is attempting a Breakout from Falling Wedge and Bull Flag Pattern with high volumes. Enter after Bullish confirmation.
The Nifty 50 index exhibited a complex behavior, oscillating between 20,850 and 21,000, indicative of a period of consolidation. The chart reveals a rising wedge pattern, typically seen as a bearish signal in technical analysis. This pattern emerges amidst the index surpassing the 21,000 mark, reflecting strong economic indicators. For traders focusing on...
BINANCE:BTCUSDT is approaching higher levels after a prolonged wait. According to the current trend, BTC is likely to reach $39000, possibly even $40000 by the end of this month, followed by a correction to the $34000 range. This could be the last opportunity to maximize the benefits of the upcoming bull run. Starting in mid-December, a significant capital...
A "Continuation Wedge (Bullish)" chart pattern formed on EIH Ltd ( NSE:EIHOTEL ). After a temporary interruption, the prior uptrend is set to continue. This bullish signal indicates that the stock price may rise from the close of 232.20 to the range of 249.00 - 253.00 PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not...
Jsw steel price breaks an important resistance level and previous day volume spiked price action is Good in this chart as a descending broadening wedge is appeared so we can trade this after confirmation when the price sustained that level and after the increase in volumes We can make position for a target of 5 to 12 percent. fii / dii data is also positive