Broadening Wedge

Broadening Descending Wedge Setup?Notes: BankNifty seems to be forming a descending broadening pattern. Statistically (Taking Thomas N Bulkowskis book as a reference) an upper breakout is preceded by a partial decline (as in this case) around 87% of the time. Target in case of a breakout on the upper side would be the top of the pattern which is 35650. Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action. The book came h

by the_consolidation_guy

SUN TV- ASCENDING BROADENING WEDGE PATTERN SUN TV 1HR CHART- ASCENDING BROADENING WEDGE PATTERN BREAKOUT. EXPECTED TARGET- 560.00

by traderswindowscrypto

AMARAJABAT - Plan, Risk and Logic in Description ✺----------------Drop a follow here: @Averoy_Apoorv_Analysis ✺ ✺--------------------LOGIC of the trade----------------------------- ✺ ✣The Green area is the weekly support zone ✣The blue trendlines depict resistance lines and support lines of a broadening pattern for downwards ✣The yellow lines show a parallel channel in making ✺----------------------- Plan of the trade---------------------------- ✺ ✣No potential longs at current levels at least ✣Be patient enough to let it break out of

by Apoorv-Dubey_SEBI-RA

Ambuja Cement ready to roll Buy on 1hr chart if u want an early entry but a safer bet would be on the D chart with RSI above 62 only for no divergence pattern ...... Happy trading :)

by Apoorv-Dubey_SEBI-RA

US2000 On a broadening wedge descending explain on chart

BRITANNIA - Broadening wedge pattern formation at weekly TF BRITANNIA - Broadening wedge pattern formation at weekly TF Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient. Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.

by ponraj_srinivasan

A possibile Sharp Fall!! - Bearish Butterfly & Broadening Wedge Expecting TVC:USOIL to go for a sharp correction. Harmonics 4-point & 5-point pattern helped identify a Potential Trend Reversal Zone, where bullish movement may end & trend may reverse. Got a terminal candle confirmation in the PRZ. Also, in a broader view prices formed a Broadening Wedge Pattern (a-b-c-d-e wave structure) which might possibly be a B-wave in an A-B-C Correction Wave pattern.

Broadening Wedge correction wave pattern TVC:USOIL going under an A-B-C Correction Wave

KRAFT HEINZ CO ready to break the descending broadening wedge?Good LONG opportunity on KHC if it breaks to the upside with good volume the descending broadening wedge.

by ValerioUS1987

ONGC weekly chart study - Broadening wedge breakout ONGC has given a broadening wedge breakout on weekly chart Buy above 171 T1: 200 T2: 220 T3: 240 SL: 155

Broadening Bottom Breakout Prices were moving in such a way that it has formed "Broadening Bottom" pattern. The pattern is perfect with alternate touches on both sides and it has given breakout today. Pattern trader can use the setup for their trading with price expectation of 575. Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

by praveen.bhatiya

IGL : Broadening Wedge & the Breakout Happy Monday Guys, As I always say - only we the traders welcome Monday with happiest smile :) Atleast I do, bcos we are getting back to what we love to do. So here we have bullish run in IGL then wedge kinda broadening formation, then breakout to upside, so longs are wise in IGL, towards the target of 1200's -1180's zone. Check what's your risk before entering, that's wise. You should know how much you stand to lose to make potential profit :)

BankNifty : Another Push to Upside This one is Ascending Broadening Wedge here in Banknifty and time is not ripe for its breakout yet, probably up side trendline needs to redrawn depending on todays close ( if positive ) but this is not yet ready for breakout. So go on 15mins in Banknifty and find trade setups to take trading decisions. For expiry, will post out range by 2mrw, yet to do that part ! I will post it out or update when its on verge of breakout !