Get started

Wedge

AVAXUSDT: Bullish Breakout or False Hope?Yello, Paradisers! 🌟 Are we about to witness a bullish breakout for AVAXUSDT? Let's dive in and find out! 💎AVAXUSDT has taken liquidity and formed a W pattern, breaking the descending channel. These factors are increasing the probability of a bullish move. However, for confirmation, we need a breakout and candle closing above the resistance zone, which will signal a strong bullish move. 💎While some might consider going long from here from the current price, But it's a low-probability setup. Th
BYBIT:AVAXUSDTLong
by MyCryptoParadise_Nathan
Nifty Reaches 24,500 Target: Elliott Wave Analysis Disclaimer: ------------------------ Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell. WaveTalks - Market Whispers: Can you hear them? ---------------------------------------------------------------------------------------------- General Election 2024: Impact on Nifty The 2024 General Election resulted in a clear victory for the existing NDA government, with Prime Minis
NSE:NIFTYLong
by WaveTalks
3
SUNDARAM FINANCE - RISING WEDGE SINCE AN YR Hi All, This idea is about Sundaram Finance Holding Fundamentals Market Cap - 6k Cr Mkt Cap/Sales - 20.9 ROE - 12% P/BV - 1.27 Div Yield - 2.81% Technicals Price action has been in a rising wedge pattern since Jul 23 & currently consolidating at the bottom of channel for past few days. It can give a upmove of nearly 25% in very short term. Traders can take positional trades to capture the move. There is a small resistance for which traders need to be careful. Price reverted twice from
SLong
by Stock-n-Shine
Rising Wedge in nifty - bearishA rising wedge is a bearish chart pattern that typically appears at the top of a mature uptrend. Here are the key characteristics and considerations: Preconditions: A strong, mature trend in the background (multi-day/week). Wave HH1 (higher high) should be significantly smaller than the subsequent wave H. HH2 (another higher high) should be smaller than HH1. The HH-HL (higher high - higher low) structure results in a rising wedge or arrowhead. It usually appears at the potential top of a rally.
NSE:NIFTYShort
by pradytrader1979
CESC - falling wedge A falling wedge pattern is a technical analysis chart pattern that typically signals a potential reversal or continuation of the current trend. In the context of CESC (Calcutta Electric Supply Corporation), here’s how you can understand and identify a falling wedge pattern: Characteristics of a Falling Wedge 1. **Shape**: The pattern is shaped like a wedge that is sloping downward. It is formed by two converging trendlines – a downward sloping resistance line and a downward sloping support lin
NSE:CESCLong
by pradytrader1979
BANDUSDT Falling Wedge: Is a Bullish Breakout Imminent?Yello, Paradisers! Have you been tracking BANDUSDT? The market is presenting a prime opportunity that you can't afford to ignore. Let's break it down! 💎BANDUSDT has formed a falling wedge pattern, and the price is currently sitting in the support zone, increasing the probability of a bullish move. 💎If the price shows an I-CHoCH (Internal Change of Character) in the lower timeframes, indicating a shift towards a bullish market structure, the probability of a bullish move will increase. 💎The pr
BINANCE:BANDUSDTLong
by MyCryptoParadise_Nathan
VETUSDT Descending Channel: Potential Breakout or Breakdown?Yello, Paradisers! Have you been keeping an eye on VETUSDT? The market is at a critical juncture, and you don't want to miss out. Let's dive in! 💎VETUSDT has formed a descending channel and recently bounced from a bullish order block after taking liquidity, increasing the probability of a bullish move. 💎For a confirmed bullish move, we need a breakout of the descending channel and the resistance zone together. This will significantly increase the probability in our favor. 💎If a pullback occur
BINANCE:VETUSDTLong
by MyCryptoParadise_Nathan
ARBUSDT: Could This Be the Next Big Breakout? Yello, Paradisers! Are you ready to catch the next big move in ARBUSDT? Let's break it down! 💎ARBUSDT has formed a falling wedge pattern and has taken liquidity, which increases the probability of a bullish move. However, there are key confirmations we need to watch for: 💎For a bullish trend confirmation, we need a breakout from both the falling wedge and the resistance zone. This will significantly increase the likelihood of a sustained upward move. 💎We can expect a bullish move from the cur
BINANCE:ARBUSDTLong
by MyCryptoParadise_Nathan
Valor Estate Ltd.#### 1. **Price Chart Analysis (Upper Section)** - **Uptrend Channel**: The price is moving within a clearly defined upward channel, indicating a long-term uptrend. - **Support and Resistance**: - **Channel Support**: The price has touched the channel support multiple times, confirming its validity. - **Horizontal Resistance**: There is a horizontal resistance line which was recently broken, suggesting a bullish breakout. - **Chart Patterns**: - **Falling Wedge**: A falling wedge pattern i
NSE:DBREALTYLong
by brijmohan_h
Are You Ready for CHRUSDT’s Potential Breakout?Yello, Paradisers! Have you noticed the patterns forming on CHRUSDT? Let's dive into the technicals to understand the next big move. 💎CHR has formed a descending channel and within it, an inverse head and shoulders pattern. This combination is increasing the probability of a bullish move. 💎For confirmation of a bullish move, CHR needs to break both the descending channel and the inverse head and shoulders pattern simultaneously. This dual breakout would signal a strong bullish trend. 💎If ther
BINANCE:CHRUSDTLong
by MyCryptoParadise_Nathan
Massive Opportunity Ahead for XECUSDT! Don't Miss Out!Yello Paradisers! Are you ready to seize a potential bullish move in XECUSDT? 📈 The market is showing signs of a major breakout, and you won't want to miss this. Let's dive into the details: 💎XECUSDT has formed a falling wedge pattern and taken liquidity, increasing the probability of a bullish move after confirmation. 💎We need a breakout of the falling wedge and resistance zone to confirm the bullish move. 💎While a small pullback entry is possible, it's riskier. I suggest waiting for the bre
BINANCE:XECUSDTLong
by MyCryptoParadise_Nathan
Globus Spirits Wave Counting and Next Targets 1700 and 2350!Here is why we are super bullish on Globus Spirits: 1. This stock has corrected deeply from the top (61.8% Fib). 2. Falling wedge pattern (proper buying angle). 3. Hidden bullish divergence. 4. Wave analysis: The stock has completed Waves A and B, and is now ready for Wave C. 5. Ichimoku turning positive. We see great risk-to-reward in this stock. It has the potential to hit our targets and could rally even further. Disclaimer: We are not SEBI registered. The content presented here is based o
NSE:GLOBUSSPRLong
by WaveMoku