Rising Wedge

Rising Wedge Formation We can clearly see a rising wedge formation in the chart. Look for breakouts.

by shreyansh.sancheti3

Formation of a rising wege A rising wedge can be observed in the chart look for breakout on the downside.

by shreyansh.sancheti3

WATCHOUT FOR THE BREAKOUT DR reddy has formed a rising wedge on daily chart and there is expectation of an upside breakout. Look for long opportunities.

by shreyansh.sancheti3

Banknifty - At confluence of Resistances As mentioned in the chart, looking at the level at which Banknifty currently is, there is at long term trendline resistance,a rising wedge which seems to have come to an end and a possible Head and Shoulders pattern in the making. Would look for shorting opportunities here with a stop few points above 27900 for a target around 26400 and 25600 levels. Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for in

eursgd is there a head and shoulder? or a libra? a rising wedge for sure! let see. trying a short position just under the neck line.

by TheMagician-

eosbtc there are too many expectation in this chart. just for fun. let see what will be happens?

by TheMagician-

kmdbtc kmdbtc. there are both rising wedge and inverse head and shoulders.

by TheMagician-

Rising Wedge Breakout - As a Continuation Pattern - RR 1 : 3.90 MGL sell Below 834.60 Stoploss - 855 Target - 756 Risk - 2.42% & Reward 9.42% RR Ratio 1 : 3.90 Reversal or Continuation Pattern Rising Wedge Prices are moving upward, forming higher highs and higher lows, but the price is confined within two lines which get closer together to create a pattern. This indicates a slowing of momentum and it usually precedes a reversal to the downside. This means that you can look for potential selling opportunities.

by Equity-Earningz

Rising Wedge Breakout - Continuation Pattern - Risk Reward 1: 3 Short Bajajfinsv Below 5550 Stop-loss: 5745 Target 1: 5160 Target 2: 4955 Risk 3.50% & Reward 10.75 % RR Ratio - 1: 3 RR is Calculated on 2nd Target. Reversal or Continuation Pattern Rising Wedge Prices are moving upward, forming higher highs and higher lows, but the price is confined within two lines which get closer together to create a pattern. This indicates a slowing of momentum and it usually precedes a reversal to the downside. This means that you can look for potential selling oppor

by Equity-Earningz

RISING WEDGE PATTERN ( REVERSAL OR CONTINUATION )Reversal or Continuation Pattern Rising Wedge Prices are moving upward, forming higher highs and higher lows, but the price is confined within two lines which get closer together to create a pattern. This indicates a slowing of momentum and it usually precedes a reversal to the downside. This means that you can look for potential selling opportunities. IDENTIFICATION GUIDELINES 1. The Shape of The Rising wedge – Two price trendlines both sloping upwards, the upper one following higher hig

by Equity-Earningz

INFOSYS SHORT INFOSYS IS SELL FOR TARGETS OF 590-550. REASONS: 1. IT IS AT A UPPER DIAGONAL OF A RISING WEDGE (BEARISH PATTERN). 2. 5TH WAVE OF DOMINANT WAVE IS COMPLETED. NOW CORRECTIVE WAVES WILL START. STOPLOSS: "ABOVE SWING HIGH OR AS PER RISK BEARING CAPACITY"

by THEARPITJAIN

NIFTY 50 NIFTY IS MAKING RISING WEDGE FORMATION.

by THEARPITJAIN

Sterlite Tech Rising Wedge: Target 250 levels; SL:345 Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.

by Nikita_Poojary

Sterlite tech According to the double top formation, the target is 312, which is yet to be achieved. In case that is achieved that would mark as a breakdown for the rising wedge thereby indicating more downtrend. As per the Rising wedge target: 265 Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.

by Nikita_Poojary

Escorts rising wedge possible big move downwards if weekly trend line is broken.

Bearish move - short Ether is currently trading in a well formed rising wedge. This is an indication of a bearish move and there are possibilities it may breach the bottom trend line (orange). If it breaches it then it will find support at fib level 0.618 (~$693). 2nd support could be found at fib level 0.5 (~$676). These support levels could be possible reversal zones for Eth (The zones are marked in Blue in the graph). So, watch out. Please feel free to revert with your feedback. Thank you!

SHORT Wedge Pattern & Divergence The stock has formed Rising Wedge and showing continuous divergence. One can short the stock with small SL of high of today for a target of 440 which offers a decent Risk to Reward ratio. Wishing all the mates Happy and prosperous Diwali..

by praveen.bhatiya

GANN, ELLIOT and THE TOPPING PATTERNS I always love to trade such a chart but on 5 min. time frame :) Not possible ?? Yes, its possible.. but we will discuss on this topic later in some other post. CORRECTIONS and the ELLIOT COUNT: In this chart I can see three major correction. Each one having a different topping pattern. The first correction has a Rising Wedge; the second has Triple Top and the third one has Gramophone pattern at the top. The first correction eroded more than 61.8% of the last bull market. I consider this

by Bravetotrade

Rising Wedge on Granules India Rising Wedge pattern on Granules India and the price will fall after taken out the pattern.... Trade: Short - 132 Target 1 - 120 Target 2 - 106 Stop loss - 145

Rising Wedge on DHFL Rising Wedge pattern on DHFL and the price will fall after the breakout of pattern. Trade: Short below - 442 Target 1 - 427 Target 2 - 410 Stop loss - 461

Rising Wedge on Indian Bank Rising Wedge pattern on Indian Bank and if the price break the pattern, it leads to hit 295. Trade: Short - 309 Target - 295 Stop loss - 317 Reward Points - 14 Risk Points - 8

Rising Wedge on Nifty Rising Wedge pattern on Nifty and if breakout happens, then it leads to fall. Trade: Short level - 9904 Level 1 - 9886 Level 2 - 9865 Stop loss - 9920

TATAELXSI - BREAKOUT OF RISING WEDGE It is been observed on the daily chart that the price action is breaking out from a rising wedge indicating a further bearishness and weakness ahead. Target 1: 1500 Target 2: 1480 Stoploss: 1560

Mahindra Finance : Results are catalyst ( BSwing - 1)Enter the direction of breakout , usually rising wedges breakout to downside, but lets see. The advantage of anyside breakout trader and not guessing direction is , you can make money on anyside even if one side ( false break ) happens.