Wedge

BTCUSDT: Higher Prices Are Becoming Harder to Hold What catches my attention in Bitcoin right now is not a single bearish candle or one isolated technical signal. Both the price structure and the broader investment environment are becoming less favorable for buyers . The rising wedge has broken to the downside, while a strong U.S. dollar and elevated U.S. Treasury yields are giving capital more reasons to remain cautious toward risk assets. ㅤ From a fundamental perspective, I am paying more attention to where capital actually wants to go . Whe

by Paradise_Noir

XAUUSD – Falling Wedge Keeps the Recovery Setup Alive XAUUSD is beginning to show a more constructive setup on the H4 timeframe. Price is still trading inside a broader falling wedge, but the latest reaction from the lower boundary suggests that selling pressure is becoming less effective as Gold approaches a major support area. The current move may still need another pullback, but the structure is starting to favor a recovery rather than an extended sell-off. From a fundamental perspective, the picture is mixed. A firm U.S. dollar, elevated Treas

by Paradise_Noir

NAS100 / USTEC - Flag Pattern – A Simple Bullish Scenario NAS100 / USTEC 100 has a good potential for a bullish move. Here are the Bulls and Bears Scenarios. Let’s see which one wins. Bullish Cases: Flag pattern on 4H timeframe indicates a good Bullish scenario. A good flag pattern on weekly timeframe is already in play. 1H Timeframe is in consolidation mode where the potential breakout of Triangle is likely to materialize. Bearish Score 130105 is major support if the price breakdown below this support then we will have bearish bias o

Gold (XAUUSD) Weekly Analysis [28 Sep - 02 Oct, 2026]Probable Scenario Analysis of Gold (XAUUSD) OANDA:XAUUSD for the week (28th Sep - 02nd Oct, 2026). ⏺ Present Scenario Gold (XAUUSD) is undergoing a contraction phase. The level 4250 is a critical support. If 4250 is broken, then gold will enter a bearish scenario. The chart pattern "Falling Wedge" is observable in the present scenario. However, there is no clarity on bullishness, as the zone (4350 - 4300) is a strong resistance zone (SRZ). The view is indecisive to bearish. 🟢 Bullish

by deep_bhattacharjee_db

Fragile Support at 4250 and Falling Wedge Pattern Probable Scenario Analysis of Gold (XAUUSD). ⏺ Present Scenario Gold (XAUUSD) OANDA:XAUUSD is undergoing a major contraction phase. The lower-lows and lower-highs (LLs & LHs) structure is intact. The level 4250 is a weak support base. Also, the falling wedge technical chart pattern is evident. The view is indecision to bearish. 🟢 Bullish Scenario The zone (4350 - 4300) is a strong resistance zone (SRZ). A breakout above 4350 would initiate a weak bullish move. The probable weak bullis

by deep_bhattacharjee_db

AGI GREENPAC LIMITED (AGI) — FALLING WEDGE BREAKOUT | 4H | NSE NSE:AGI has been trading inside a well-defined descending/falling wedge since the December 2024 swing high near ₹1,307.90, with lower highs and lower lows compressing into a narrowing range — a classic bullish reversal structure. Key observations: Price recently broke out above the upper trendline of the wedge near the ₹748 breakout zone, closing at ₹752.60 (+1.20%). The breakout is accompanied by a shift in structure, with price reclaiming the descending resistance line that had capped ral

by hardeepssethi

Hindustan Unilever : Classic Wedge & Multi-Year Support reversal Hindustan Unilever Limited (HUL) Daily Chart: Classic Wedge Breakout & Multi-Year Support Reversal Technical Analysis The daily chart shows Hindustan Unilever Limited (HUL) consolidating near a major horizontal demand zone around ₹1,900–₹2,040. The price has previously formed a strong long-term foundation at the "Support at the low of 2022" in the ₹1,900 range. A clear descending wedge/channel formation is visible from early 2026, indicating a prolonged correction that is now approaching ex

by thetradeguru_fx

RELIANCE: Falling Wedge Bullish Reversal at Strong Support ₹1469 Technical Analysis Pattern Formation : The 1-Day chart of Reliance Industries Limited (RELIANCE) displays a multi-month Falling Wedge pattern. Lower highs and lower lows are gradually narrowing toward a technical apex, indicating seller exhaustion. Support Zone: Price action is testing a major Strong Support Area around ₹1,200 – ₹1,210. This zone aligns with past macro swing lows and includes a recorded False Breakout / Liquidity Sweep (under ₹1,200), signaling strong institutional buying d

by thetradeguru_fx

The Market Broke The Rule For years, traders have been taught a simple relationship: rising yields are bad for equities. Higher borrowing costs increase the discount rate applied to future earnings, financial conditions become tighter, and expensive growth assets can come under pressure. The relationship is real, but treating it as a mechanical rule is where the analysis starts to break down. The recent market reaction provides a useful case study. U.S. Treasury yields moved sharply higher as inflation concerns, rising

ORCHID PHARMA (NSE) — BULLISH BREAKOUT Chart: 1D | Orchid Pharma Limited | CMP: ₹1,024.9 (+6.11%) (Dated 09.09.2026) Setup: Orchid Pharma rallied sharply from the ₹500 zone earlier this year to touch highs near ₹1,133, after which it entered a tightening consolidation — forming a symmetrical/descending triangle pattern. Key Levels: Demand Zone: ₹960 – ₹1,025 (expected retracement/reaction area) Stop Loss (SL): ₹875 (below demand zone — invalidates setup) Target 1 (T1): ₹1,250 Trailing Stop Target (TSL): ₹1,370 Risk-R

by hardeepssethi

POLYCAB | Rectangle Breakout→Rising Wedge→Breakdown in Progress Overview POLYCAB has completed a textbook three-phase technical sequence on the Daily chart — a long-term Rectangle base, followed by a powerful breakout rally, and now a Rising Wedge breakdown that appears to be unfolding in real time. Phase 1 — Rectangle Base (May 2024 to October 2025) For approximately 17 months, POLYCAB consolidated inside a well-defined Rectangle pattern between roughly ₹4,500 and ₹7,700. Price tested both boundaries multiple times — classic accumulation behaviour with nei

RELIANCE — Falling Wedge at the Apex, Yearly L4 Reclaimed Eight months of grinding lower since that January top near 1,600, and the whole thing has drawn itself into a textbook falling wedge. The range has squeezed from roughly 290 points down to about 95. We are at the apex. Something has to give. ⏳ 🎯 The pivot story just got better. With the full yearly CPR on the chart, price has been trading below the entire 2026 value area all year. TC sits at 1,496.3, P at 1,422.2, BC at 1,348.1. Below that, L4 at 1,313.9 broke in February and capped the stock

by keshavkapoor1702

NIFTY Sellers Take Control After the Doji, Testing the 50 (W)EMA Overview Nifty closed the week at 24,366, down 204.65 points or 0.83%. This follows directly from last week's doji at resistance, and the answer to "which side wins" has come in: sellers took control this week, with price rejecting from a high of 24,620.95 and closing near the Weekly 50 EMA (24,358.08). Follow-up on Last Week's View Last week we flagged a doji forming right at the resistance zone (24,601–24,989), a classic sign of indecision after a multi-week rally, with the next 1-2 candles

NIFTY Weekly View — Weekly Support Holds at 24,025 Overview Nifty closed the week at 24,252.00, down 114 points or 0.47%, extending last week's bearish follow-through. Price dipped to test Weekly Support near 24,025 and closed well above it by week's end. Follow-up on Last Week's View Last week we flagged sellers taking control after the doji at resistance, with price testing the Weekly 50 EMA (24,358) as the key level. That test resolved bearish, price closed below the 50 EMA this week, confirming sellers had the upper hand. This week, that

TATA MOTORS 4H BULLISH Continuation Wedge TATA MOTORS 4H BULLISH Continuation Wedge NSE:TMCV Best Buy Entry Zone: Rs.397-400 TP1= Rs. 464 TP2= Rs. 487 S/L = Rs. 395 This analysis is for educational and informational purposes only and should not be considered investment advice. Market investments are subject to risks. Please consult your financial advisor before making any investment decisions.

by hardeepssethi

BEL — Falling Wedge Testing Apex, Bullish Setup Overview Bharat Electronics is trading at 410.80, up 0.07%, testing the apex of a falling wedge that has formed since the May high of 464.40. Price recently bounced off Major Support at 382 and has climbed back up to test the wedge's converging trendlines, right at the 50 EMA (407.93) and 200 EMA (409.88) cluster. Pattern Explanation Since the May high, the stock has made lower highs and lower lows within two converging trendlines, the hallmark of a falling wedge. Price recently tested the we

Gold Under Hyper-Contraction Just Before a Major Expansion Probable Scenario Analysis: ⏺ Present Scenario: Presently, Gold TVC:GOLD is in a hyper-contraction phase. There are two visible contraction chart patterns observable in the chart. The first pattern is a head-and-shoulder (H&S) pattern. The second pattern is a rising parallel channel. Technically, gold is flat and making too random moves. There is no trend confirmation yet. 🟢 Bullish Scenario There is no bullish scenario. Doubt every upmove. However, if the price decisively sustains

by deep_bhattacharjee_db

BSE Ltd — Bouncing from 0.786 Fib Support, Fresh Bullish Setup Overview BSE closed today at 3,596.1, up 4.02%, a strong bounce after finding support near the 0.786 Fib level (3,334.6) that we flagged as the next zone to watch in our last update. This bounce has brought price back up toward the falling wedge's upper trendline, and it's worth tracking as a fresh setup. Follow-up Context In our earlier post, we noted the 0.618 Fib + wedge zone (3,570–3,610) had failed to hold, and price fell through to the 0.786 Fib level. That level has now given the bounc

HEROMOTOCO — Falling Wedge Resistance Holds at the 50 EMA Overview Hero MotoCorp attempted to break above its falling wedge resistance today, touching a high of 4,975 before reversing sharply to close down 2.05% at 4,892.80. Notably, this rejection occurred right at the 50 EMA (4,994.61), which has been tracking closely with the wedge's upper boundary — a double layer of resistance that proved difficult to clear on the first attempt. Pattern Explanation The stock has been compressing inside a falling wedge since the December high of 6,388.50, with the

Falling Wedge pattern Tanla Falling Wedge – Bullish Setup NSE:TANLA Price has formed a falling wedge, a bullish pattern where two downward‑sloping trendlines converge, signaling weakening selling pressure and a potential upside breakout. Pattern Structure Series of lower highs and lower lows contained within two converging trendlines. The upper trendline is steeper than the lower one, showing loss of bearish momentum. Volume has generally contracted during the formation, which often precedes a strong move after break

TANLA PLATFORMS LTD (NSE: TANLA) — WEEKLY | ELLIOTT WAVE Elliott Wave Count Suggests Wave (v) Breakout Building Price: ₹569.55 on 14th July 2026 | Timeframe: Weekly Structure Overview Tanla's long-term move from the 2020 lows appears to be unfolding as a five-wave impulse: Wave (i) : Initial rally off the base, retraced to the 38.2%–23.6% zone (₹18.68–₹30.33) before continuation. Wave (iii) : The dominant extended wave, driving price sharply from the ~₹100 zone to the swing high near ₹1,800–1,900. Wave (iv) : Currently unfolding as a complex co

by hardeepssethi

TVSMOTOR Rising Wedge Recovery Strong Q1 FY27 Earnings 📊 TVS Motor Company: Daily Technical Snapshot – Rising Wedge Recovery & Strong Q1 FY27 Earnings 📊 STWP Technical Analysis ________________________________________ MARKET STRUCTURE SNAPSHOT | NSE: TVSMOTOR | DAILY Closing Price: 3,792.00 (+201.80 | +5.62%) Core Trend: Strong Uptrend Market State: Recovery Within Uptrend Price Structure: Price has rebounded strongly after forming a Bullish Engulfing near the rising support trendline and is now attempting to break above the descending resistance of

by simpletradewithpatience

BSE Ltd — Pulling Back Hard, Watching the 0.618 Fib + Wedge Zone Overview BSE has had a strong run since April, but today it's seeing a sharp fall (currently down 2.11%, trading around 3,607). This drop has brought price right into an important zone — where an old Fibonacci level and a wedge pattern are meeting. Let's break down what we're watching. What's Happening Price rallied hard from 3,031 all the way to a high of 4,446 in just a couple of months. That's a big move, so some pullback is normal. Since then, price has been falling in a wedge shape (marked

Hero will be next Hero in Auto Heromotor is on verge of breaking out Such type of breakout can't be missed at all. Risk is there to be early but if you see ather doing well which is parent company of heromotor then this is setting up for big bullish breakout.