Rising Wedge

Kindredd_Scalps

Timeframes - Weekly + 4HR If a continued FB rally will happen it will be after the break of 254-256. There was some good news coming from the FB side, not just from ER but as well as the "Tik-Tok" news. So maybe if they release their very own "Tik-Tok" investors will buy the early rumors/news. We are due for correction from a TA POV, but if the market movers...

CryptonikLion

I really like this pair and it's structure and it is very easy to trade this pair for me. All the details are explained on the chart. -CryptonikLion

RCTcalibre

ZRX coil wedge forming, with atl season starting, ZRX will have its time. Not financial advice

Indyan

Mindtree was looking bullish with bullish flag previously but a rising wedge/bearish wolfe wave now confirms to exit from long , a small correction can be seen before upmove. As i said earlier wolfe wave is on of my favrite pattern and 90% times it hits the target. So never ignore its presence in chart. Targets on chart...

TehranCrypto

BTC - Head and Shoulders / Rising Wedge

ElPsyKongroo369

LAC was in an Rising Wedge formation but broke out bullish and also broke a resistance level of $6.06. Also the RSI is in bullish territory and ADX points to a strong trend. Today we came down to backtest the breakout level. You could try to enter now but if you want to be more on the cautious side wait until the price rises back above the $6.60 level of the...

GWBFX

a rising wedge pattern gives us a short market bias but we need more evidence before placing any sell order, wait for the price to breakout the support level 1! **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. ...

Prayas

Results are good for L&T and also RSI is above 50. Rising Wedge pattern is formed on daily charts. It can show a upside momentum in coming days.

LupaCapital

Hello analysts and traders, We have a long term sell in play - the reason why is end of the month and positions are manipulated in order to create tops and profit take. is there a looming supply in which the supply and demand imbalance has created with retail traders still hoping for further longs? Or are August September going to be safehaven assets? Quick...

Indyan

Marico had flag pattern previously now on daily chart made wolfe wave with AB=CD, 2 Bearish pattern confirms weakness.Can short from CMP or can wait till PRZ to go for short. Targets on Chart.

Indyan

L&TFH will fall sharply in coming days... Targets on chart... #Rising wedge on daily chart

lentarisgeorge

The rising wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. Don't confuse it with the rising triangle.

darcsherry

EUR/USD ends the week on a high and holds above 1.14 despite issues at the EU summit. Price moves roughly 85pips in our direction validating our bias (see link below) last week. In this regard, we might be expecting a correction in anticipation of a Bullish run in the coming week(s) as price breaks our Key level (1.13900) to form a Rising Wedge. Tendency: ...

AzizKhanZamani

Evening Traders, Today’s Analysis – BTCUSD- at key technical level where a short trade is valid with defined risk. Points to consider, - Rising wedge pattern - Local support (technical target) - Dynamic Resistance - Oscillators bearish divergence - Volume below average BTCUSD is trading in a probable rising wedge with the technical target in confluence...

TehranCrypto

BTC - Rising Wedge

crbarzypex15

Get prepared for a drop

Autocratic_Rohit

As we can see Rising wadge has been made by GRASIM. The Rising wedge is a bearish reversal pattern. It suggests that as the price tightens up, the uptrend is getting weaker and weaker,and may finally break through the lower trend line. As it does with Ultimately Lucrative R:R

Tchitchikov

Break of the hourly 50MA will confirm a price correction, bounce confirms continued expansion toward the 27.00 level. Confirmation of wedge pattern should be looked at as an opportunity to go LONG at a good entry.