Rising Wedge

Proof that during a strong bullish market, it's flag after flag In my last idea I talked about how flags don't always form in their textbook shape (descending) - I mentioned they usually go up, down or flat. Today I wanted to show that not only flags form in 3 different directions, but they also form in a variety of shapes. In the chart you can see the numbered shapes: 1 - Symmetrical triangle 2 - Ascending channel 3 - Pennant 4 - Rising wedge / ascending triangle 5 - Ascending channel 6 - Pennant The smaller you go in time frame, the more flags and tria

by AdverseTrader

AUDNZD TRADE PLAN After bearish divergence appeared we assume trend will reverse also formed double top and rising wedge reversal pattern. But we will wait for the confirmation until the breakdown of last HL then will plan sell trade.

by AlamdarHaider

CRUDE OIL: Rising Wedge Breakdown Setup Crude Oil is showing a potential bearish reversal setup as price develops a clear Rising Wedge pattern near the ₹10,000–₹10,200 resistance zone. Key Technical Observations Rising Wedge Pattern Price has been moving upward within a narrowing structure, indicating weakening momentum despite higher prices. A breakdown from the lower trendline can confirm the bearish setup. Critical Breakdown Zone A sustained break below ₹9,220 could trigger aggressive selling pressure and confirm the downside mo

by trailingtradesc85cd5c9f87345fb

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

S&P 500 Back Below Resistance: Is a Deeper Correction Starting?After Warsh’s remarks pushed the U.S. Dollar Index(DXY) and the U.S. 10-Year Treasury Yield higher, the S&P 500 ( FOREXCOM:SPX500 ) moved back below the key $7,720 trading level. The index is now trading below the Resistance Zone, while macro and geopolitical risks continue to build. Can the S&P 500 reclaim $7,722, or is a deeper correction toward the Support Zone beginning? Macro Outlook Warsh’s hawkish remarks strengthened the U.S. dollar and pushed Treasury yields higher, creating additi

AAPL Nears a Rising Wedge Breakdown – 260 Comes Into Focus AAPL has rallied significantly, but as price moved higher, the range began to tighten inside a Rising Wedge. This suggests the uptrend is still present, but buying pressure is no longer as strong as it was before. Price is now back near the lower boundary of the pattern, making this an important decision area. What I want to see here is not just a small pullback, but a real breakdown. If AAPL closes clearly below wedge support and then retests the broken area without reclaiming it, that would s

AUDJPY Short Opportunity in Reversal Pattern Rising wedge reversal pattern Bearish RSI divergence Entry at 20 pips below breakout SL at last HH TP at RR1

S&P 500 at All-Time High — Is a Major Correction Next?The S&P 500 ( CAPITALCOM:SPX500 ) is currently trading near its All-Time High(ATH=$7,625) and continues to move within a resistance zone($7,625-$7,524). From a classical technical analysis perspective, the S&P 500 appears to be forming a Rising Wedge pattern, which is generally considered a potential reversal pattern. From an Elliott Wave perspective, it also appears that the S&P 500 has completed Wave C, resulting in a Zigzag corrective(ABC/5-3-5). Also, we can see negative Regular Divergen

British Pound / Swiss Franc ($GBPCHF) Daily: Squeezing Inside British Pound / Swiss Franc ( FX:GBPCHF ) Daily: Squeezing Inside a Rising Wedge Pattern – Mapping Key Rejection vs. Breakout Corridors ### 🇬🇧🇨🇭 British Pound / Swiss Franc ( FX:GBPCHF ) Daily Structural Study (Ref: GBPCHF_2026-07-09_09-14-15.png) We are deploying a tactical chart geometry matrix for the GBPCHF currency cross on the Daily (1D) time matrix. Following a sustained and aggressive bullish rally phase, the pair has transitioned into a highly defined **Rising Wedge** consolidation st

by ChartPro_Data

AUDUSD Rising Wedge Breakdown — Is a Bigger Drop Coming?AUDUSD ( FX:AUDUSD ) is currently moving near the Potential Reversal Zone(PRZ) and resistance lines, having broken important support lines in recent weeks. From a classic technical analysis perspective, AUDUSD formed a rising wedge pattern during its pullback to these important support lines, and it has now broken the lower line of this wedge—this could be a sign of further bearish continuation. From an Elliott Wave perspective, AUDUSD seems to have completed its main wave 4 with a Double Thr

Silver Breaks Rising Wedge — Is a Drop Below $60 Next?Silver ( OANDA:XAGUSD ) is currently trading at the resistance zone($63.27-$60.80). From a classic technical analysis perspective, it seems that Silver has broken below the lower line of a rising wedge pattern. This break could indicate a reversal from the bullish trend of last week. From an Elliott Wave perspective, Silver appears to have completed its main wave 4 through a Zigzag correction(ABC/5-3-5). I expect Silver to continue its downward move in the coming hours, potentially falling at

CHOLAFIN: Resistance Breakout With Strong Participation ──────────────────────── 📊 STWP BREAKOUT ANALYSIS Stock: Cholamandalam Investment and Finance Co. Ltd. (CHOLAFIN) Trend: Bullish Range High/Low: 1742.80-1344.50 Range Duration: 1 Month 24 Day Breakout Probability: Strong (84%) Volume Participation: High| Volume Expansion: 1.34x Breakout Level: 1803.00 Retest Level/Levels: 1742.80 | 1738.45-1742.80 Invalidation Level/Levels: 1692.40 | 1446.80 | 1342.00 Reference Level/Levels: 1913.60 | 2159.20 | 2264.00 Next Level: Watch Ref Levels ─────────────

by simpletradewithpatience

$BSE Ltd: Rising Wedge has massive Bullish projections...BSE Ltd is currently trading in a narrowing range that many technicians identify as a rising wedge. IMHO there is potential for a breakout which is backed by a massive 174% YoY surge in net profit (₹602 crore) and record-breaking derivatives revenue, which could provide the "fuel" needed to defy traditional technical gravity and push toward a new psychological target of ₹4,000+. Potential Scenario Catalysts New Product Launch: SEBI has just approved BSE to launch monthly F&O contracts for the

Rising Wedge Pattern PSO Analysis Closed at 366.51 (29-04-2026) Rising Wedge Pattern along with Bearish Divergence dragged the price down. Immediate Support is around 350 - 355; However, Rising Wedge Target is around 290 - 305 Breaking 288 may drop the price towards 255 - 257. It will resume its uptrend once it will cross 505 - 510 with Good Volumes.

by House-of-Technicals

Bajaj Auto Testing Resistance Daily Timeframe Analysis of Bajaj Auto The stock is currently facing a strong resistance zone near 10,800 – 10,900 levels. Price action indicates that sellers are active around this area, making it a crucial zone for the next directional move. For bearish momentum confirmation, a breakdown below the 10,300 support level could trigger further downside pressure, with the stock potentially correcting towards the 10,040 zone in the coming sessions. View remains bearish until the resistance zone i

EURAUD H1 | Institutional Level Rejection → Sell After Liquidity Bias: Bearish EURAUD has been in a strong bearish trend, printing consecutive Break of Structure (BOS) levels to the downside. Price has now formed a rising wedge / bear flag on the 1H and is currently sitting at a key institutional level — a zone where large players are expected to step in and sell. A liquidity sweep above the wedge is anticipated before price breaks down and continues lower. Technical Confluence Price is currently at an institutional supply level — high probability sell z

#HYPE Is Building a Massive Move –But first, a Painful Shakeout? Yello Paradisers! Are you prepared for another classic rising wedge trap in #HYPE that could wipe out impatient traders before the real move even begins? 💎#HYPEUSDT is forming a rising wedge after a prolonged downtrend, and this is where things get interesting. Many traders see bullish continuation, but this structure is more complex and demands precision. 💎This is not just a standard rising wedge. It is a leading diagonal, typically signaling the early stage of a new impulsive structure. Thi

by MyCryptoParadise

US30 Trade Signal - Bearish Impulse CAPITALCOM:US30 #TradeSignal - #Bearish Impulse Summary: OANDA:US30USD #Trade #Signal - TVC:DJI #Bearish Impulse started. - #DowJones Sell Positions in focus. #TechnicalAnalysis: CAPITALCOM:US30 Signal Chart Structure: - Primary 5 Top - #EndingDiagonal - #Bearish #Divergence - $USD30USD #Bearish #Fractal #DowJones Prediction: - #BearishImpulse - #ElliottWavce Intermediate (C) Wave CAPITALCOM:US30 Trade Levels - Ticker: OANDA:US30USD - Direction: #SHORT - Market Entry @ $4

by Lionheart-EWA

Scalping Short Setup | Rising Wedge at 4H Resistance XAUUSD — Rising Wedge at 4H Resistance | Counter-Trend Scalping Setup Context (HTF + LTF Alignment) On the higher timeframe (4H), the market remains structurally bullish with a clear sequence of higher highs and higher lows. Current price is trading in a premium zone after a strong impulsive leg, approaching a key resistance + liquidity cluster. This means any short setup is strictly counter-trend and must be treated with reduced risk and strict confirmation. On the 30M timeframe, pric

Solana | Bear Market Leader Another outlier similar to $BCHUSD. Price has broken severe lvls of structure on the way down indicating a Year long bear market. This also may indicate that we see BITSTAMP:BTCUSD head for $40k - $30k. Solana has also formed a similar Bearish Wedge to my last BTC post. If your looking to trade one over the other it seems that SOL would net more since its next support lvl sits at a whopping 45% down ($52 target) but may also see more in that one move. Remember to keep an eye on the Bearish E

Bitcoin | Continuation Down We got a solid support zone at ~$52,000 but something tells me we may break through as price action stays consistent on its drawdowns. 1st drawdown from high to low is about 36% 2nd sits around 3% more than the last 3rd drawdown has a possibility of aiming for the same amount We also have another bearish wedge pattern like the last indicating a continuation down. Bears are still very strong here and long positions are likely to be liquidated unless if your scalping. Now if price looks to brea

Bitcoin Inside a Rising Wedge — Breakout or Breakdown?After the start of the military conflict in the Middle East, Bitcoin( BINANCE:BTCUSDT ) hasn’t performed with strong momentum; instead, it has been trading in a range over these past few days. The question now is whether Bitcoin can make a major move or if it will remain in this price range. So, stay with me. Right now, Bitcoin is moving in a resistance zone($76,620-$71,700), close to the Cumulative Short Liquidation Leverage($75,650-$74,520). From a classic technical analysis perspective, it

Crude Futures Rising Wedge Possible rising wedge play on crude oil futures. Looks like it’ll be into the market open so I might just play a single sell order if it gets higher up in the wedge.

by UnknownUnicorn113587257