Rising Wedge

Approach towards AUDUSD Short.Hello Traders! 1. We see an Elliotical rising wedge completed. 2. A clear impulse down . We can expect at least one more impulsive wave even if it happens to be a zigzag correction and not an impulse down. 3. A retracement of 61.8%. 4. The invalidation level and target levels have been marked on the chart . 5. This is not a very long term trade . Though, it is not expected for AUDUSD market to touch the invalidation level even after our trade is complete, we will still not go short

by UnknownUnicorn27677748

Idea for shorting Nifty 18-1-2023 There are some reasons for shorting Nifty, Reasons :- 23.6% Fibonacci rejection level, Rising Wedge, Multiple time tested support zone, Rejection zone, There is a High Probability of breaking support.

by ajimageconsultancy

Elliotical Approach to US30 Short.Hello Traders! 1. The US30 market is on the verge of completing its 2nd wave of Wave C of the complex correction as originally published in a prior idea (link attached). 2. We see an ending diagonal forming in the 1hr tf at the moment. 3. Also, wave 4 often divides an impulse into harmonic ratios. There can be that possibility with the division of 61.8% and 38.2% (total 100%). We take this possibility into picture because we also have the retracement level of 78.6% of wave 1 at almost

by UnknownUnicorn27677748

Reliance Short Trade Setup!Rising Wedge Breakdown Negative For Long Term And Short Term, RSI Also Weak. Sell Positional With Stop ~ 2580, For Target ~ 2350. Expected Time Jan Expiry.

btc breakout btc move expected in few trading sessions consolidating since 2 weeks

ETH analysis for short term ETH has given a breakout of a rising wedge, Lets wait for a rejection from the supply zone and can look for a downside of up to 1040$ for the short term and 1110 for trading If this analysis helped you then do follow and like.

Relience Short term Swing trade with rising wedge pattern...here is the chart which is explaining us the pattern named rising wedge and it already had given us a good breakout with some good volume and also retested it's trendline in lower time frames.so here we can go short if it gives us a move towards downside......

Rising wedge pattern in cipla Rising wedge pattern formed in Cipla. We can expect a good move below the trendline/ above the trendline.

by Sanaatani_trader

Asian Paints: Is it Losing it's shine? Diwali season is considered one of the best season to get your house painted. With festive season gone behind us, is Asian Paints losing it's shine ? Let us look at what chart has to tell us... We are looking at daily charts of Asian Paints The stock is seeing a lot of selling since it made a high of 3582 on September 28 - the stock is trading below it's 21 day, 50 day and 252 day EMA These are not the signs that a strong bullish stock will show... Going forward 3112 -3260 may potentiall

by indiamarketoutlook

BATAINDIA Rising Wedge Pattern Breakdown In today's session, BATAINDIA gives breakdown of Rising Wedge pattern at 1795 level. After this breakdown expected downside target 1775 to 1730+ level in next few trading session according to chart pattern. Can short BATAINDIA below 1795 with stop loss of 1820 for this target.

Rising Wedge + Exhaustion Gap After A long Trend In One direction the markets always tend to stall, looking to play in the opposite direction can be a good trade in such cases

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by mohit_nischal

DJI Seems Weak! S1-30520 & S2-29589 may act as supports.DJI's significant "Strong Weekly Closing" confirmed breakdown. Besides this, extreme volatility spurt in VIX too signaling the weakness. Although i am a learner. But this is somewhat remarkable. So sharing this view! Thanks

by thanvikeshav

BULLISH on WELCORP NSE:WELCORP The prices has given the breakout from the Rising wedge pattern. The other information is on the charts.

Apollo tyres looking good Apollo tyres stock is on their important level also price formed a rising wedge pattern

by Sanaatani_trader

SHORT AU BANK for target of probable 400 Couple of things seen on Charts. Rising Wedge pattern on weekly and monthly charts. Also a failed breakout on daily charts. Bearish divergence seen on weekly charts. Indicating sell at higher level. Be careful with this stock. Also same is seen with other Ultratech. Shorting is risky option so wait for a solid confirmation to enter the stock is not resistant to interest rates hikes. If rising wedge is followed then target of 400 can be seen. trade with strict Stop loss on weekly closing bas

Rising wedge pattern in TORRENTPHARM TORRENTPHARM Looking weak after breaking down the rising wedge pattern and the level of 1500. Here are some important levels we can expect.

by Sanaatani_trader

Rising wedge pattern in NIFTY 50 The price formed a raising veg pattern and gave a fake breakout. Here are some important levels. I am Bearish in Nifty 50, but nowadays the market does not behave as usual, so we cannot say anything in the closed market.

by Sanaatani_trader

Rising wedge pattern in BANKNIFTY Looking at the global market, it seems that tomorrow the market will open gap down. If the market opens flat then you can trade by using these levels

by Sanaatani_trader

Rising wedge pattern in PEL Rising wedge pattern formed in PEL keep eyes on it..

by Sanaatani_trader

HSCL { rising wedge pattern } rising wedge pattern downtrend continuous pattern waiting for confirmation candle If You LIKE MY Idea ……like its “Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our calls please consult your financial advisors. Thanks

rising wedge pattern watch out for breakout or breakdown stock is consolidating in two rising trend lines

by RA_Dongre_Ji

BankNifty - Ending Diagonal in 39600-39800 (Sell)Rising wedges or Ending Diagonal ends the ongoing trend. This is not a call. Trade on your own risk please. Thank you

Nifty Tomorrow !!!The chart clearly explain various observations. All are possibilities and the reasons are given. Note: The information given for study purpose.

by Reverse_Trading

HCL tech multi timeframe analysis for swing trading in hindi HCL tech multi timeframe analysis for swing trading in hindi in this video i have shown, 15 minutes & daily chart analysis of HCL tech. and trade setup for next day 08/08/2022. you will get idea of where to short sell & where to put stop loss. i have shown practical use of reversal pattern such as triple top, H&S, double top & rising wages pattern. i have also discussed about trendline, RSI diveregence & wyckoff method in real life example. basically i have shown, how to use technical analys

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by pankaj1614312