Wedge

AUDUSD 1H: Reclaiming the Base & Late Seller Trap (Long Setup)1. Market Context On the 1H chart, AUDUSD has successfully completed a deep liquidity sweep to flush out early retail buyers. After dropping below the local support to hit the absolute low of 0.65138 (marked by "Buyer Lose" and "No Buyer"), the price saw immediate institutional absorption. The market is now rallying and consolidating just below the local descending trendline. A confirmed breakout here will trigger a powerful short squeeze toward the major overhead resistance. 2. Sentiment & Pri

HCLTECH Falling Wedge Breakout After Strong Q1 FY27 Results 📊 HCL Technologies: Daily Technical Snapshot – Falling Wedge Breakout After Strong Q1 FY27 Results 📊 STWP Technical Analysis ________________________________________ MARKET STRUCTURE SNAPSHOT | NSE: HCLTECH | DAILY Closing Price: 1,221.20 (+57.10 | +4.91%) Core Trend: Recovery within Long-Term Uptrend Market State: Confirmed Falling Wedge Breakout Price Structure: Price has broken above a multi-month Falling Wedge, supported by a strong bullish breakout candle and significantly higher trading vo

by simpletradewithpatience

MCX Falling Wedge Recovery Setup 📊 MCX: Daily Technical Snapshot – Falling Wedge Recovery Setup 📊 STWP Technical Analysis ________________________________________ MARKET STRUCTURE SNAPSHOT | NSE: MCX | DAILY Closing Price: 2,742.00 (+98.80 | +3.74%) Core Trend: Downtrend (Swing Structure) Market State: Recovery Attempt Within Falling Wedge Price Structure: Price is trading inside a Falling Wedge, a bullish reversal pattern, after forming a Bullish Engulfing near the lower boundary. Buyers have defended support, and the stock is

by simpletradewithpatience

BAJAJFINSV Falling Wedge Breakout Attempt 📊 Bajaj Finserv: Daily Technical Snapshot – Falling Wedge Breakout Attempt 📊 STWP Technical Analysis ________________________________________ MARKET STRUCTURE SNAPSHOT | NSE: BAJAJFINSV | DAILY Closing Price: ₹1,855.70 (+₹58.10 | +3.23%) Core Trend: Recovery within Intermediate Uptrend Market State: Bullish Recovery with Breakout Attempt Price Structure: Price is attempting to break above a Falling Wedge pattern after forming a Higher Low, supported by improving momentum. _______________________

by simpletradewithpatience

HDFCBANK 1H | Rising Wedge Testing Support Near Range Resistance Overview HDFC Bank has been trading within a defined range on the 1-hour timeframe over the past three months, bounded by Range Resistance near ₹820 and Range Support levels around ₹726–730. After bouncing from the most recent range support, price has now formed a Rising Wedge as it approaches the upper boundary of this range — and it is currently testing the wedge's lower support line. The Broader Range Since mid-March, HDFC Bank has moved within a wide trading range. Price tested the upper bo

RELIANCE 5 Year Trendline Meets Falling Wedge—Critical Junction Overview Reliance Industries — India's most watched stock — is currently sitting at one of the most significant technical junctions in the last 5 years. A long-term rising trendline that has held since 2021 is being tested simultaneously with a Falling Wedge pattern forming on the Daily chart. The confluence of these two structures makes the current price zone exceptionally important. Structure 1 — The 5-Year Rising Trendline Since the 2021 low of ₹830, Reliance has respected a clean rising tre

ICICIBANK Triangle + Falling Wedge Played Out—Apex Decision Zone Overview ICICIBANK has delivered a textbook multi-pattern setup on the Daily timeframe. Two classic chart patterns formed back to back — a Symmetrical Triangle spanning over a year, followed by a Falling Wedge within the correction — and both have now played out with price rallying over 120 points from the breakout zone. The stock now sits at a critical Triangle Apex Zone — and the next move from here could be significant. Pattern 1 — Symmetrical Triangle (April 2025 to March 2026) A large symm

NZDUSD 1H - Reversal Plan: Trapping the Late Sellers 1. Market Sentiment & Price Trap Following up on our June 18th plan, the market has perfectly executed a psychological trap. The aggressive breakdown below 0.57500 triggered the "Buyer Lose" phase, forcing early longs to liquidate their positions. As price pushed into the 0.57100 zone, retail traders fell into the trap, aggressively chasing the momentum with late shorts. However, the "No Buyer" signal at the absolute low indicates that the selling pressure has dried up after the liquidity sweep.

Suzlon Energy Ltd Chart Analysis Technical Outlook Currently trading within a long-term descending channel, a structure that has been guiding price action for several months after finding support near the lower boundary of the channel, the stock witnessed a sharp recovery and is now approaching the upper trendline resistance around ₹59. One of the most notable features on the chart is the highlighted "Order Block" around ₹50 this area previously attracted strong buying interest and has acted as an important demand zone dur

Looks like a breakout is possible It has been making in sideways direction for a long time The dividend is growing The management is strong The B2C business is better

by liondewarangal

Reliance (1H): Ending Diagonal Pattern At Major Support Floor Looking at Reliance Industries Limited (RELIANCE) on the 1-hour chart, a classic Elliott Wave setup is developing right at a major historical price floor. Let us break down the wave structure, look at the recent global market development, and plan a risk-managed approach for the week ahead. The Macro Picture: The 5-3-5 Zigzag Looking at the broader structure from the 1,473.40 peak, the market has been correcting in a clear 5-3-5 Zigzag pattern: Wave A: A clean 5-wave impulse down to 1,31

Sensex - What next?The price has formed a falling wedge pattern, which is bullish in a smaller time frame. As tomorrow is a trading holiday, on Friday, the price can open gap up or down depending on the global market situation. Nearby resistance is at the 76500 zone, and support is at the 75300 zone. Buy above 76160 with the stop loss of 75980 for the targets 76320, 76500, 76680, 76840 and 77040. Sell below 75800 with the stop loss of 75980 for the targets 75660, 75400, 75240, 75060 and 74960. Always do your analy

ICICIGI ( On the verge of breakout )Symmetrical triangle on the verge of breakout with price trading above the 200EMA, while RSI approaching 60 signals strengthening momentum and bullish continuation. DISCLAIMER This channel is for educational and self-analysis purposes only. We share technical levels, charts, and market insights based on publicly available information and multiple sources. These are not financial or investment recommendations. I am not a SEBI-registered analyst. Please consult your financial advisor before ma

by Digital_Trading_Floor

Gold Rejects Premium After H4 Liquidity Sweep Price swept the H4 highs and immediately delivered a bearish CISD on H1 while trading inside premium pricing. Current framework: H4 liquidity already raided H1 bearish CISD confirmed Fresh H1 bearish FVG created Price retracing into premium arrays Sell-side liquidity resting below current structure Major H4 lows acting as downside draw My expectation: As long as price trades below the bearish H1 FVG and order block, the probability favors continuation lower into resting liquidity and H4 lows

by YCGH_Capital

NIFTY DEFENSE very big break out NIfty Defense is giving very big break out on chart , rectangle break out can take this index to 20-22% higher from here aprox 11000 from 9300. Many defense stocks also giving big break out , MZDOC, HAL,BDL etc. I am not a SEBI-registered Investment Adviser or Research Analyst. The views expressed here are solely my personal opinions and for educational purposes. This is not a solicitation to trade. Investing in securities is subject to market risks; I assume no responsibility for any profit

IRCON the stock has a falling wedge pattern. The stock previously has been consolidating into a falling wedge pattern, which is a bullish pattern. By the structure and the definition, we can expect it to attain the all-time high and reach levels that are astonishingly 80 to 100 of the current stock value. Trade accordingly. Do not put in one go. Make sure the retest is there. Please note I'm not a SEBI registered advisor. Thank you.

Nifty Realty Falling Wedge (Reversal) Attempt Nifty Realty Pattern: Falling Wedge (Reversal) Entry: 810 breakout Stoploss: 730 Target: 950 / 1100 Early reversal signs after prolonged downtrend. Breakout confirmation needed.

On the weekly timeframe textbook Falling Wedge pattern formed.Why this qualifies as a falling wedge: 1. Two converging descending trendlines. 2.Duration: ~15 months of price action inside the wedge. Falling wedges that take this long to form tend to produce more meaningful breakouts than short 2–3 month wedges. 3.Volume contraction inside the wedge, expansion on breakout. 4.RSI divergence + reclaim: RSI spent most of 2025 below 50, and has now pushed back above 50 (currently 52.96 with signal at 37.78 and crossed up). That's bullish momentum confirmation o

by PADMAJAMAHESHBABU

Nifty - Expiry day analysis April 21 Today, the price was trying to sustain above 24400 and was unable to do so. The daily time frame shows the reason. As per the daily chart, we can see a strong support/resistance zone at 24480 to 24520. Buy above 24520 with the stop loss of 24460 for the targets 24580, 24620, 24680, 24720 and 24760. Sell below 24340 with the stop loss of 24400 for the targets 24280, 24240, 24180, 24120 and 24080. Always do your analysis before taking any trade.

Rising Wedge Chart Pattern Overview This chart illustrates a Rising Wedge pattern, where price is moving upward within two converging trendlines, indicating weakening bullish momentum. ⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻ 📘 Concept • Price forms Higher Highs (HH) and Higher Lows (HL), but the range starts to contract. • The narrowing structure shows that buyers are losing strength. • Momentum slows down even though price is still rising. ⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻ 📊 Chart Highlights • Clear rising wedge formation with converging trendlines. • Higher

by MarketAlgoBot

RELIANCE: Triple Support Confluence at 1,304 – Bounce or Break?Technical Context Reliance Industries Limited (RELIANCE) is moving inside a large "Megaphone" shape (a Broadening Wedge ) on the weekly chart. This means the price swings are getting bigger and more volatile. After falling from its high point of 1,611 , the stock has landed exactly at a major "floor" near 1,304 . This 1,304 level is very important because three things are happening at once: 200-WMA: The price is touching a long-term moving average that big banks and funds usually pr

Suzlon Energy | Elliott Wave + Fibonacci Outlook (1M)A long-term structural view using Elliott Wave combined with trend-based Fibonacci extensions. The move from the 2020–22 base appears to form a potential Wave (1) impulse. The ongoing pullback is being considered as Wave (2), retracing close to the 0.6–0.7 Fib zone — a typical corrective range. If this structure holds, a Wave (3) expansion could unfold toward the 1.272–1.618 extension zone (~₹140–₹180). Followed by a Wave (4) consolidation and a possible Wave (5) continuation toward higher leve

by shivalingesh

AIOT/USDT QUICK SCALP Based on the chart provided for AIOT/TetherUS Perpetual on the 15-minute timeframe, here is a technical breakdown of the current price action and the setup you have highlighted. Current Market Context Asset: AIOTUSDT.P (AIOT Perpetual Futures) Timeframe: 15m (Short-term intraday) Trend: Strongly Bearish. The price has undergone a massive sell-off from a high of approximately 0.05776 down to the current level of 0.02992. Momentum: The steep angle of the red candles and the position below the

Nifty (22200): Keep building longs :)We are forming an ending pattern, which can go till 22050. Nevertheless, as said before - no point trying to time the bottom. Build some short term positions on steep red days and exit those on steep green days, while holding the positional trades for 23.8-24.3k.

by pankajarora232